Last year, the Czech Republic received CZK 9 billion more from the EU budget than it paid in. Including revenues from the EU's Recovery Facility (NGEU) of CZK 74.2 billion, the Czech Republic's total net position vis-à-vis the EU was CZK 83.2 billion.
"In addition to European money from the well-known Structural Funds, the Czech Republic is currently receiving increasingly significant funds from the post-Covid EU Recovery Facility, the so-called NGEU. Last year, this income exceeded CZK 74 billion, which is almost double the amount received in 2023. We are using the money under the National Recovery Plan, which is already in full swing, primarily for the modernisation of the Czech Republic and for digitisation," said the Minister of Finance on the net position for 2024 Zbyněk Stanjura.
In the course of 2024, the Czech Republic will have received a total of CZK 69 billion in revenue from the EU budget and will have paid CZK 60 billion into the EU budget.
Behind the positive balance of the Czech Republic to the EU budget continued to be primarily revenues from the Structural and Cohesion Funds amounting to almost CZK 36 billion and revenue from the Common Agricultural Policy of CZK 24.9 billion
In addition to revenue from the EU budget, the Czech Republic will also receive in 2024 additional cohesion funding (React-EU and the Fair Transformation Fund), the National Recovery Plan and selected investment programmes from the EU's Recovery Facility (NGEU) in the amount of CZK 74.2 billion.
Net position of the Czech Republic vis-à-vis the EU budget in 2024 (CZK million):
| Revenue from the EU budget | |
| Structural actions | 35 935,12 |
| Structural Funds | 20 949,40 |
| Cohesion Fund | 14 985,73 |
| Agriculture | 24 872,46 |
| Pillar I* | 21 107,36 |
| Pillar II** | 3 765,10 |
| EU programmes*** | 8 206,91 |
| Revenue from NGEU**** | 74 222,54 |
| Total revenue from the EU budget | 69 014,49 |
| Total revenue from the EU budget incl. NGEU | 143 237,03 |
| Total payments to the EU budget | 60 006,34 |
| Net position vis-à-vis the EU budget | 9 008,15 |
| Net position vis-à-vis the EU budget incl. NGEU | 83 230,69 |
** the second pillar includes funding for rural development and fisheries
*** include programmes directly managed by the Commission (Horizon 2020, Horizon Europe, Connecting Europe Facility, Erasmus+, etc.).
**** include resources from the Recovery and Reinvestment Facility (RRF - under the National Recovery Plan), part of the rural development funds, the Equitable Transition Fund, ReactEU and an estimate of revenues from directly managed programmes (Horizon Europe, InvestEU).
For the conversion between EUR and CZK, the average exchange rate for 2024 is 25.119 CZK/EUR (CNB data).
Evolution of net position since 2004
Overall, the Czech Republic has paid the EU budget from 1 May 2004 to 31 December 2024 CZK 936.6 billion and got 2.01 bil. CZK. The positive balance of the Czech Republic's net position vis-à-vis the EU budget thus reached 1.07 bil. CZK.
Including NGEU revenues, total revenues amount to EUR 2.16 billion. CZK and the total positive balance for the period of the Czech Republic's EU membership is 1.22 billion CZK. CZK.
The Czech Republic's positive net position towards the EU budget has long been driven by revenues from the Structural and Cohesion Funds and the EU's Common Agricultural Policy. The long-term gradual increase in the Czech Republic's contributions reflects both the growing volume of the EU budget and the long-term strengthening of the Czech Republic's economic maturity within the EU.
MINISTRY OF FINANCE OF THE CZECH REPUBLIC/ gnews - RoZ
ILLUSTRATIVE PHOTO - pixabay
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