ITALY IS ONE OF THE MAIN NET CONTRIBUTORS TO THE EU BUDGET

01 Jul ITALY IS ONE OF THE MAIN NET CONTRIBUTORS TO THE EU BUDGET

Italy is a net contributor to the European Union budget. In other words, Italy contributes more to the EU budget than it receives back from it, which means that Italy has always been a positive resource, as opposed to a burden, for the EU.

In particular, Italy has always been either the third or fourth contributor, depending on the different EU budgets, approved every 5 years. Based on the most recent budget 2014-2020, Italy is the fourth net contributor (euro 6,6 bn), after Germany (euro 17,2 bn), UK (euro 9,7 bn) and France (euro 7,4 bn). In the previous 2009-2013 budget Italy had been the third contributor after Germany and France, instead.
Therefore, excluding the extraordinary support due to the COVID 19 crisis, and as opposed to what many people may perceive in many EU countries, Italy has always been a resource for the EU functioning.