Czech EU balance for 2011: Kč 31 billion in the black

The Czech Republic received Kč 30.7 bln more from EU than it paid in to it last year; still, the positive balance was lower than in 2010

Economy|Czech numbers

Tom Jones | 26.01.2012

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Since joining the EU, the Czech Republic has been a clear financial beneficiary

At Kč 30.7 billion, the Czech Republic’s positive balance with the EU in 2011 was Kč 17 billion less than in 2010. This was largely due to audits of Czech spending and the suspension of some payments due to problems with several operational programs, the Ministry of Finance announced Thursday.

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