Advertise On EU-Digest

Annual Advertising Rates

4/13/06

Helsingin Sanomat - Finnish net contribution to European Union set new record last year

Go to Helsingin Sanomat for full report or click on this link

Finland set a new record last year as a net contributor to the European Union. The Ministry of Finance reveals that Finland paid EUR 628 million more into EU coffers in 2005 than it got back. In 2004 the net contribution was EUR 104 million. The figures also take into account flows of money that are not part of the budget, such as research funding and customs payments. Last year Finland paid EUR 562 million more to the EU from its national budget than it got back. EU membership last year cost Finland EUR 320 million more than had been forecast in the national budget. For instance, Finland got EUR 30 million less from the EU Structural Fund, and EUR 50 million less from the Social Fund than it had expected.

British rebate costs Finland EUR 127 million

No comments: