We DID warn you! Germany forced to fork out more than ever before into bloated EU's budget


The EU’s 2021 to 2027 budget is at €1,074.3billion (£920,110,165.38), with the UK no longer paying into the bloc after leaving on January 1. In 2019, Germany paid €25.82 billion into the blocs budget, the highest in the EU, with the country set to pay even more in the future.

In 2021, Germany is expected to pay a record gross amount of around €38bn into the EU budget.

The figure is the highest Germany has ever paid into the bloc, with 2020 seeing Germany pay under €32bn.

It is unclear how much Germany will pay in net contributions to the EU, with the Ministry of Finance saying figures will not be published until the next financial year.

Depending on different calculations, the net amount of Germany’s payments in 2020 was €19.4bn or €15.5bn.

German media outlets report one of the reasons the country is paying more than ever into the EU is because of Brexit.

The UK’s net contribution to the EU in 2019, its last full year in the bloc before Brexit, was estimated to be £9.4bn by the House of Commons library.

During budget negotiations in February 2021, European leaders believed the Brexit shortfall in the EU’s budget to be around €75bn.

READ MORE: German election: Voters fed up with ‘paying for’ EU spending

The Covid pandemic also led to Brussels setting aside a massive €1.8trillion for recovery from the virus.

The package includes the Multi-annual Financial Framework (MFF), the EU’s seven-year budget, worth just under €1.1 trillion, and the €750 billion COVID-19 recovery fund, known as Next Generation EU.

The budget will be financed through member states’ customs duties, contributions from the Member States based on value-added tax (VAT) and contributions based on gross national income (GNI).

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In August, eurosceptic politicians from the Alternative for Germany, which supports leaving the bloc if certain reforms are not made, made clear their fury with the country paying the most into the EU.

German MEP Nicolaus Fest said: “It is scandalous that once again Germany continues to pay substantially more into the EU budget than all other member states.

“Hardworking Germans deserve better than to have their money used to prop up weak and failing EU economies.

“Our money should be spent on national priorities, not bailing out the rest of Europe.”

His AfD colleague Gunnar Beck added: “Germany has become the paymaster and social security office of the EU… None of this is sustainable.”

It comes as EU finance ministers said on Friday that changes to budget rules, now under review, should support investment in the post-pandemic economy and allow for a more realistic path in cutting some countries’ huge public debts.

European Commission Vice President Valdis Dombrovskis said: “We will need a debt reduction path that is realistic for all member states.

“We need to balance fiscal sustainability with the need to support the economic recovery.”

EU Economic Commissioner Paolo Gentiloni also said: “We need to avoid what happened in the previous crisis when public investments year by year reached level zero.”

Additional reporting from Monika Pallenberg



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