Czechia received CZK two trillion since joining EU

By the end of last year, Czechia had received CZK two trillion from EU funds since joining the European Union in May 2004. Over the same period, it paid CZK 876.6 billion to the EU budget, the Czech News Agency reported on Sunday, citing Finance Ministry data.

The largest part of the revenue, 44 percent, was made up of money from structural funds intended to support economically weaker regions. Agriculture accounted for a quarter of the EU money paid out over the 20 years of Czechia’s EU membership.

A fifth of the total sum was drawn from the Cohesion Fund, which supports economically weaker EU states. The EU's NextGeneration European Recovery Plan has also been a significant source of revenue over the past three years.

Author: Ruth Fraňková