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Bucharest
January 27, 2023
BUSINESS

Romania was fifth-largest net beneficiary of EU funds in 2013

The total funds received by Romania last year stood at EUR 5.56 bln, while the country’s contribution to the EU budget totaled EUR 1.474 bln, according to ‘The Telegraph,’ quoted by Mediafax. Poland, which received approximately EUR 16.18 bln and contributed EUR 4.21 bln was the biggest net beneficiary of EU funds (positive balance of EUR 11.97 bln), followed by Greece (positive balance of EUR 5.31 bln), Hungary (EUR 4.9 bln) and Portugal (EUR 4.37 bln), the British daily’s analysis shows.
At the opposite end, Germany, the biggest economy in the EU, had the biggest net contribution to the EU budget last year (EUR 16.32 bln), followed by Great Britain (EUR 10.76 bln), France (EUR 9.05 bln), Italy (EUR 4.61 bln) and Netherlands (EUR 4.29 bln).
The EU budget is established each year by the European Parliament and the European Council, the main sources of financing coming from member states, on the basis of their gross national products. Other sources include the payments made by member states on the basis of the VAT that they collect, of customs taxes and agricultural taxes.
According to the adjustments made following the introduction of the new ESA 2010 methodology for the calculation of the member states’ gross domestic product, a series of states, including Romania, will have funds returned from the sums contributed to the EU budget in the 1995-2013 period, while other countries will have to pay more.
The changes announced by the EC in October show that Great Britain has to pay an extra EUR 2.1 bln, Italy EUR 340.1 M, Greece EUR 89.4 M, Cyprus EUR 42.4 M, Malta EUR 13.1 M, Bulgaria EUR 7 M, while Ireland and Latvia will each have to pay EUR 6.5 M.
Because of the big discrepancies seen in some cases, the European Commission has proposed this week an amendment that would allow states to pay their supplementary contribution by September 1 next year, without interest, instead of December 1 this year.
If approved, the waiver will be offered only in case the supplementary contribution surpasses a certain level, namely if a state has to pay over two times its monthly contribution to the EU budget.

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