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Austria´s Net Contributions to Brussels to Increase Significantly

Published: February 2, 2013; 17:44 · (Vindobona)

At the moment, Austria´s net contributions come at 0.2% of GDP. From 2014 to 2020, the figure may increase to 0.36% of GDP.

Austria´s Net Contributions to Brussels to Increase Significantly / Picture: © Flickr

Austria will not only lose agricultural subsidies, the country also has to pay higher contributions in the next financial period from 2014 to 2020. At the moment, the net contributions total € 800m. According to political observers, the net contributions may reach more than € 1.0bn. The agricultural subsidies would fall from € 4.2bn to € 3.6bn.

According to State…

This article includes a total of 200 words.

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