2014 - 2020: Austrian Net Contributions Rise Substantially

Politics ♦ Published: February 8, 2013; 20:01 ♦ (Vindobona)

In the financial period from 2014 to 2020, Austria loses almost the half of its discount. The net contributions total € 1.15bn per year.

2014 - 2020: Austrian Net Contributions Rise Substantially / Picture: © Vindobona.org

In 2011, Austria´s net contribution came at € 805m. As some countries did not use the subsidies from Brussels, real annual net contribution was about € 561m for Austria in the period from 2007 to 2013. In future, Austria will not only lose a substantial part of its discount, but also the subsidies will be cut. The discount will be cut from € 180m to € 104m per year. This is…

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