Czechs get 83 million euros from EU

In dramatic last minute talks, the Czech Republic negotiated an increase in compensation payment for 2004-2006, which means an additional 83 million euros from the EU for the government budget. During the same time the country will be allowed to transfer 100 million euros from EU structural funds. Moreover, it will be able to increase direct agricultural subsidies from the government budget to 55, 60 and 65 percent of the EU level in 2004-2006.