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Home In brief

Spain will be EU net recipient in 2023, with 13,815 million euros surplus

Redacción
7 de October de 2022
in In brief
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Spain will be EU net recipient in 2023, with 13,815 million euros surplus
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The Diplomat

 

Spain will be a net recipient from the European Union in 2023, by obtaining a financial balance in its favour of 13,815 million euros, 21.4% below the positive balance of 17,582 million that registered this year, according to the General State Budget Bill (PGE) for 2023.

 

Spain’s total contributions to the EU for next year have remained unchanged at 18,043 million euros, according to the document presented on Wednesday by the government, reports Europa Press.

 

In this way, the Spanish contribution planned for 2023 remains the highest in recent years, after the 15,259 million in 2021, the 12,980 million in 2020, the 12,612 million in 2019, the 12,066 million in 2018 and the 11,151 million in 2017.

 

Of the figure foreseen for next year, 12,177 million corresponds to the calculation of the contribution based on the country’s gross national income, while 3,1 million comes from traditional own resources and another 1,950 million euros correspond to VAT.

 

Spain will also have to pay 13 million euros in interest on arrears, another 10 million for the refugee fund for Turkey, three million for the provision of services and one million for fines and penalties. In addition, in 2023 the country will contribute 525 million in relation to the own resource based on non-recycled plastic packaging waste.

 

The contribution to the European Peace Facility will be 94 million euros, while the contribution to the European Development Fund will reach 170 million euros.

 

Meanwhile, transfers to Spain from the EU will stand at 31,857 million euros in 2023, 10.6% less than the 35,625 million euros received by the country this year.

 

The main item that Spain receives, and due to which it is a net recipient from the EU, is due to the 17,000 million euros from the Recovery and Resilience Mechanism. On the other hand, Spain will receive 3,948 million from the React-EU fund.

 

The country will also receive Feder and ESF structural funds of 1,591 million and 605 million respectively.

 

The government also estimates that next year it will receive 7,492 million from European agricultural and fisheries policies. Transfers from the European Agricultural and Guarantee Fund (EAGF) and the European Agricultural Fund for Rural Development (EAFRD) will be 5,669 million and 1,591 million, respectively.

 

In turn, fisheries and other agricultural resources will amount to 232 million euros. For its part, the government expects other transfers to bring in around 685 million euros for Spain.

 

 

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