Alexa
  • Directory of Taiwan

EU says (EURO)2.3 bln ($3 bln) unspent from 2009 budget

EU says (EURO)2.3 bln ($3 bln) unspent from 2009 budget

The European Union spent (EURO)2.25 billion ($3.05 billion) less than budgeted in 2009 and will return the unused funds to EU governments, the European Commission said Friday.
The leftover funds amount to 1.9 percent of last year's (EURO)113.4 billion budget.
The surplus resulted mainly from fluctuations in exchange rates, EU Budget Commissioner Janusz Lewandowski said.
"The EU budget surplus will be entered as revenue into the 2010 budget, therefore amounting to real savings for member states in their contributions" to the 2010 budget, he said.
In each of the past 10 years, the EU has ended a budget year with leftover funds. Since 2005, these have consistently amounted to between (EURO)2 billion and (EURO)2.5 billion annually.
The 2009 surplus breaks down by nation as: Germany: (EURO)459.1 million; France: (EURO)371.6 million; Britain: (EURO)306.2 million; Italy: (EURO)287.9 million; Spain: (EURO)196.2 million; Netherlands: (EURO)110.6 million; Belgium: (EURO)64.8 million; Sweden: (EURO)56.1 million; Poland: (EURO)54.6 million; Austria: (EURO)52.1 million; Greece: (EURO)46.2 million; Denmark: (EURO)45.9 million; Finland: (EURO)34.2 million; Portugal: (EURO)29.5 million; Ireland: (EURO)25.7 million; Romania: (EURO)24.8 million; Czech Republic: (EURO)24.4 million; Hungary: (EURO)16 million; Slovakia: (EURO)13.2 million; Slovenia: (EURO)6.9 million; Bulgaria: (EURO)6.5 million; Luxembourg (EURO)5.5 million; Lithuania: (EURO)5.0 million; Cyprus and Latvia, both (EURO)3.4 million; Estonia: (EURO)2.5 million and Malta: (EURO)1.1 million.