EU’s 20-year subsidy amount to the Czech Republic has been announced

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During the 20 years of EU membership since 2004, the Czech Republic has received subsidies worth approximately $85.37 billion from the community budget, the Czech agency reported. CTK.

During the same period, the country contributed $37.42 billion to the EU budget.

As noted, the largest amount of funds from EU funds (44% of the total amount) was aimed at the development of economically weak regions of the Czech Republic. This equates to $38.14 billion

Another $21.7 billion was allocated to the agricultural needs of the republic; Of this, $14.2 billion was given to farms in the form of direct subsidies.

As CTK emphasizes, European Union membership is financially beneficial for the Czech Republic; The annual funding flow from EU funds significantly exceeds contributions to the general budget. During the entire membership period, the difference was approximately $47 billion in favor of Prague.

In the two years since the beginning of the conflict with Russia, the European Union selected Ukraine has more than €130 billion, of which €50 billion is under the recently approved aid programme. From February 24, 2022 to date, the European Union has “provided 82 or 83 billion euros to support Ukraine.” Another €50 billion was included in the additional macro-fiscal assistance package. On February 22, the European Parliament approved the allocation of multi-annual financial assistance to Kiev in the amount of €50 billion.

Biden was previously at the G7 summit raised The problem of the use of Russian assets.

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