Sitemap

Germany Retains Position as the Largest Financier of the European Union

CorD Recommends

Tuna Sold for Nearly €1.28 Million at Auction in Japan

The Onodera Group sushi restaurant in Japan...

Justin Trudeau Steps Down as Canada’s Prime Minister

Under growing pressure from his own party,...

Facebook to Abandon Longstanding Fact-Checking System

Mark Zuckerberg, the founder and owner of...

Young People in the EU Show Greater Trust in Others

In 2023, the estimated average trust level in others among individuals aged 16 and older in the European Union...

Belgian Residents Among the Wealthiest in Europe

Belgian residents are among the wealthiest in Europe, with their wealth significantly exceeding the eurozone average, according to the...

NBS Foreign Exchange Reserves Increase by €4.38 Billion in One Year

The gross foreign exchange reserves of the National Bank of Serbia (NBS) reached a record level of €29.294 billion...

EBRD Investments Surge to a Record €16.6 Billion in 2024

The European Bank for Reconstruction and Development (EBRD) reported a 26% increase in investments in 2024, reaching a record...

Convincing Victory for Zoran Milanović in the Second Round of Croatia’s Presidential Elections

The incumbent President of Croatia, Zoran Milanović, secured around 75% of the votes, while Dragan Primorac garnered approximately 25%...

In 2023, Germany contributed more funds to the European Union budget than it received from Brussels, according to an analysis by the German Economic Institute based on European Commission data.

Last year, Germany paid €17.4 billion more into the EU budget than it received, maintaining its status as the Union’s largest financier, though this figure was slightly down from the €19.7 billion difference recorded the previous year.

France ranked second, contributing nearly €9 billion more than it drew from the EU budget, followed by Italy, which contributed around €4.5 billion more.

Poland was the largest net recipient in 2023, as it was the year before, receiving €8.2 billion. It was followed by Romania with €6 billion and Hungary with €4.6 billion.

When looking at net payments per capita, the estimate shows that Ireland is in the lead with €236.

Read more...

NBS Foreign Exchange Reserves Increase by €4.38 Billion in One Year

The gross foreign exchange reserves of the National Bank of Serbia (NBS) reached a record level of €29.294 billion at the end of December...

Serbia Among Europe’s Fastest-Growing Economies in 2024

Serbia ranked as one of Europe’s fastest-growing economies in 2024, according to a report by Macroeconomic Analyses and Trends (MAT). The report highlights that Serbia’s...

The EU budget in 2023 amounted to €173.1 billion, of which €143.4 billion was allocated to member states.

As the largest net financier of the Union, Germany provides almost a quarter of the funds. At the same time, the German government emphasizes that Germany also benefits more from the EU internal market than any other member state.

Related Articles

Young People in the EU Show Greater Trust in Others

In 2023, the estimated average trust level in others among individuals aged 16 and older in the European Union was 5.8 (on a scale...

Belgian Residents Among the Wealthiest in Europe

Belgian residents are among the wealthiest in Europe, with their wealth significantly exceeding the eurozone average, according to the National Bank of Belgium (NBB). The...

EBRD Investments Surge to a Record €16.6 Billion in 2024

The European Bank for Reconstruction and Development (EBRD) reported a 26% increase in investments in 2024, reaching a record €16.6 billion. This growth was...

Serbia Among Europe’s Fastest-Growing Economies in 2024

Serbia ranked as one of Europe’s fastest-growing economies in 2024, according to a report by Macroeconomic Analyses and Trends (MAT). The report highlights that Serbia’s...

Norway Sets Record for Gas Exports in 2024, Retains Position as Europe’s Top Supplier

Norway exported a record amount of natural gas in 2024 and is expected to maintain near-record levels in the coming years, according to official...

EU Sparkling Wine Production and Exports Decline in 2023

In 2023, the European Union produced 1.496 billion liters of sparkling wine from fresh grapes, marking an 8% decrease from 2022, when production reached...

Belgrade Declaration on Artificial Intelligence Officially Adopted

The Belgrade Ministerial Declaration on Artificial Intelligence has been officially adopted with the agreement of 44 member states of the Global Partnership on Artificial...

Tonino Picula, MEP European Parliament Rapporteur for Serbia

The Importance of a Broader Political Message

The fundamental reasons for the scepticism towards Serbia are Belgrade’s relations with Russia and China, the stagnation and even deterioration of relations with Kosovo,...