Romania and other 11 member states joining EU in 2004 and 2007 are clear beneficiaries of EU budget in 2008

The report on the budget of the European Union (EU) in 2008, which was presented by the European Commission on Tuesday, shows that Romania and the other 11 states that joined the Union in 2004 and 2007, but also Spain and Portugal, were the clear beneficiaries of the budget of the Union last year.

The EU budget in 2008 was 130.9 billion euros, of which 116.5 billion euros were spent.
In 2008 Romania received 2.9125 billion euros from the community budget, namely 2.5 percent of the total of 116.5 billion euros that were spent that year.

At the same time the most important contributor to the EU budget in 2008 was Germany, making a net contribution of 8.8 billion euros. Other important contributors to the EU budget in 2008 were Austria, Great Britain, Italy, France, Holland and Sweden.
The most important beneficiaries of the EU budget were France, Spain, Germany and Italy last year too, which got 47.3 billion euros, namely 45.1 percent of the Union budget.

About 40 percent of the 116.5 billion euros were spent on creating jobs, building infrastructures and increasing economic competitiveness, whereas the agricultural subsidies accounted for 37 percent of the EU expenses.

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