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According to Finance Minister Wopke Hoekstra, the Dutch cash flow in Brussels increases by billions of dollars if the European Commission reaches its goals with the multi-year budget proposal from 2021 to 2027. the upcoming budget and, therefore, remittances are still in full swing
The Minister told the House of Representatives about the "maximum damage" that the Netherlands might suffer as a result of these plans. The so-called annual payment to the European Union increases, according to the "current trajectory", from more than 8.5 billion euros in 2021 to 10 billion in 2027.
In addition, the government Dutch loses its reduction on this contribution. This means that the payment will increase by 1.25 billion euros in 2021 and will reach an additional 2.5 to 3 billion in 2027.
The Netherlands benefited from a reduction of approximately 1.1 billion euros per year on the multi-year budget for 2014-2020. euro. This one consists of a fixed reduction of 700 million euros and a lower VAT payment, saving some 400 million euros. The reduction had already been designed because the Netherlands was one of the biggest net contributors to the EU budget for years.
The current contribution is 1% of the size of the national economy (GNI). Due to the departure of the United Kingdom, the European Commission wishes to raise the payment to 1.11%.
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