Slovakia Benefits Substantially from EU

People ♦ Published: November 23, 2013; 11:19 ♦ (Vindobona)

In the next fiscal term from 2014 to 2020, Slovakia will receive net contributions of € 14bn. Without the EU contributions, Slovakia´s fiscal situation would be difficult.

Slovakia Benefits Substantially from EU / Picture: © Wikipedia / Dr J. Herbert

Yesterday, the EU Parliament has set the EU budget for the next period. In total, Slovakia´s payments will reach € 6.8bn in the next budget term. Receipts are scheduled to come at € 20.3bn. As a result, the surplus amount to € 13.5bn.

At a press conference, Prime Minister Robert Fico stressed that Slovakia would struggle financially without the contributions from the…