{"id":10092,"date":"2024-02-23T09:20:16","date_gmt":"2024-02-23T09:20:16","guid":{"rendered":"https:\/\/axevera.com\/?p=10092"},"modified":"2025-06-27T12:57:23","modified_gmt":"2025-06-27T12:57:23","slug":"eu-budget-position-and-developments-czech-republic","status":"publish","type":"post","link":"https:\/\/axevera.com\/en\/2024\/02\/23\/eu-budget-position-and-developments-czech-republic\/","title":{"rendered":"EU budget: position and developments Czech Republic"},"content":{"rendered":"\n\n\n\n\n

Last year’s EU budget reports a positive situation for the Czech Republic, which received almost 50 billion crowns more than it paid in, reaching around 90 billion crowns if the 40 billion from the NGEU is taken into account.<\/p>\n\n\n\n

The Minister’s comments<\/strong><\/h2>\n\n\n\n

The outcome is the consequence of an income flow of a total of 156.2 billion (116.7 + 39.5 of the NGEU) and a counterpart expenditure of 66.8 billion crowns. This is the best net result in the last eight years and the highest since the establishment of the EU Recovery Facility, which has been active since 2021.<\/p>\n\n\n\n

At a recent meeting, Finance Minister Zbyn\u011bk Stanjura provided an in-depth analysis of the national budget outturn, optimistically highlighting the progress made. The Minister expressed satisfaction with the country’s economic performance, attributing the successes to the strategic financial decisions taken by the government in recent months and years. Mr Stanjura emphasised the importance of economic stability and sustainable growth, highlighting how the policies implemented have helped achieve these goals despite global challenges. Reflecting on the journey, the Minister renewed his confidence in the government’s ability to navigate the economy towards a more digitalised and innovation-driven future.<\/p>\n\n\n\n

“Last year’s net position of almost 90 billion crowns is the best result in the last eight years and increased by EUR 25 billion year-on-year. In addition to the classic structural funds, we also obtained funds from the EU Recovery Support Tool, i.e. the so-called NextGenerationEU, amounting to almost 40 billion crowns, mainly through the National Recovery Plan. We will continue to use them effectively mainly for the modernisation and digitalisation of our country in the form of high added-value projects, hand in hand with the reduction of bureaucratic burdens.”<\/em><\/p>\n\n\n\n

The ODS leader reserved part of his statement to confirm the advantageousness of the Czech state’s EU membership, emphasising how unity and cohesion between states are currently fundamental values in relation, in particular, to the ongoing conflict between Russia and Ukraine.<\/p>\n\n\n\n

“There is no doubt about the financial benefits of our EU membership, but an equally important value is European unity in resisting Russian aggression against Ukraine, as demonstrated in practice by the European Council’s recent unanimous agreement on aid to Ukraine in the amount of EUR 50 billion over the next four years.”<\/em><\/p>\n\n\n\n

Composition of Funds<\/strong><\/h2>\n\n\n\n

Let us now look in detail at the composition and origin of the funds received, which are crucial for understanding the future investments they will be used for and the reasons why the Czech Republic was able to achieve this.<\/p>\n\n\n\n

Description<\/td>Amount (in millions of crowns)<\/td><\/tr>
Revenue from the EU budget<\/strong><\/td><\/tr>
Structural action<\/strong><\/td>80.911,04<\/strong><\/td><\/tr>
– Structural Funds<\/td>50.952,93<\/td><\/tr>
– Cohesion Fund<\/td>29.958,11<\/td><\/tr>
Agriculture<\/strong><\/td>28.336,30<\/strong><\/td><\/tr>
– I. Pillar<\/td>21.015,76<\/td><\/tr>
– II. pillar<\/td>7.320,54<\/td><\/tr>
EU Programmes<\/strong><\/td>7.467,93<\/strong><\/td><\/tr>
Income from NGEU<\/strong><\/td>39.531,83<\/strong><\/td><\/tr>
Total revenue from the EU budget<\/strong><\/td>116.715,28<\/strong><\/td><\/tr>
Total revenue from the EU budget incl. NGEU<\/strong><\/td>156.247,11<\/strong><\/td><\/tr>
Total payments to the EU budget<\/strong><\/td>66.780,98<\/strong><\/td><\/tr>
Net position against the EU budget<\/strong><\/td>49.934,30<\/strong><\/td><\/tr>
Net position vis-\u00e0-vis the EU budget –<\/strong> incl. NGEU<\/strong><\/td>89.466,13<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The categories under Structural Action <\/strong>include funds to strengthen economic, social and territorial cohesion within the EU by financing projects in less developed regions. While the first section is aimed at reducing disparities between the various regions of the EU and promoting economic growth and employment, the second is intended for Member States whose gross national income per capita does not exceed 90% of the EU average.<\/p>\n\n\n\n

Funding for the agricultural <\/strong>sector is divided into two pillars: the first is about direct payments to farmers, market measures to regulate production, agricultural prices and veterinary measures to ensure animal health and welfare; the second concerns rural development and fisheries.<\/p>\n\n\n\n

The heading EU Programmes <\/strong>contains the funds allocated to plans managed directly by the European Commission to promote research and innovation, education, culture and transport.<\/p>\n\n\n\n

The figure deserving further investigation is Income from<\/strong> NGEU<\/strong>, which includes funds from the Reconstruction and Recovery Facility (RRF), part of the National Recovery and Resilience Plan, as well as funds for rural development, the Just Transition Fund, ReactEU, and an estimate of income from directly managed programmes such as Horizon Europe and InvestEU. These funds are intended to: support the EU’s economic recovery from the impact of the COVID-19 pandemic, promote the ecological and digital transition, and strengthen the cohesion and resilience of European economies. The high value achieved in this category confirms the state’s commitment in the fields described and testifies to the confidence the supranational body has in the programmes implemented.<\/p>\n\n\n\n

Historical trend<\/strong><\/h2>\n\n\n\n

The results achieved during the previous year increase the aggregate result of the net position in relation to the EU budget to a positive 1.06 billion (1.14 billion if NGEU funds are taken into account) since 2004, when the Czech Republic joined the Union. The trends for revenue<\/strong> (in blue), expenditure<\/strong> (in red) and net position<\/strong> (in light blue) are shown below.<\/p>\n\n\n

\n
\"\"<\/figure><\/div>\n\n\n

The positive net position is due to the long-term growth in receipts from the EU Structural and Cohesion Funds and the Common Agricultural Policy. On the other hand, the gradual long-term increase in contributions reflects both the growing volume of the EU budget and the long-term strengthening of the Czech Republic’s economic maturity.<\/p>\n\n\n\n

Source: https:\/\/www.mfcr.cz\/cs\/ministerstvo\/media\/tiskove-zpravy\/2024\/ceska-republika-ziskala-v-roce-2023-z-rozpoctu-eu-54803<\/a><\/p>\n\n\n\n

AI-generated image        <\/p>\n\n\n\n

Graphic source: www.storyset.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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