Czechia’s net benefits from EU reached CZK 23.5 billion in first half of 2022

Czechia received CZK 23.5 billion more from the EU budget than it paid in dues in the first half of 2022, with CZK 7.7 billion coming from the NextGeneration EU recovery plan, according to a Czech Finance Ministry report released on Friday. Excluding the NGEU funds, the country’s net position amounted to CZK 15.8 billion.

Czechia is one of many EU member states that has been receiving more from the EU budget than it contributes. In the first half of 2022, the country received the equivalent of CZK 48.4 billion from the EU budget while contributing 32.5 billion. Since joining the EU in 2004, Czechia has already received over CZK 1,000 billion.

Author: Ruth Fraňková