Czech Republic and EU debate future budget matters
The European Commission and the Czech Republic are discussing measures which should ensure that, upon admission, the country's annual contribution to EU coffers is not higher than the amount received in EU subsidies. EU officials agree that this might happen since the annual contribution to EU coffers is paid as a lump sum while the various EU subsidies are paid gradually. This would violate the EU solidarity principle with poorer countries. In order to avoid this the Czech Republic has asked for a transitional period during which it would pay lower annual contributions. The European Commission is against the idea and has suggested a special EU fund from which any sustained losses could be covered.