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EU funds to Slovenia higher than Slovenia's contribution to joint budget

LJUBLJANA, Jan 6 (Hina) - In 2004, Slovenia received 183 million eurosfrom the European Union budget, while its contribution to the budgetof the European bloc totalled 170 million euros, a Finance Ministryofficial was quoted by the 'Finance' daily as saying on Thursday.
LJUBLJANA, Jan 6 (Hina) - In 2004, Slovenia received 183 million euros from the European Union budget, while its contribution to the budget of the European bloc totalled 170 million euros, a Finance Ministry official was quoted by the 'Finance' daily as saying on Thursday.

The Slovene contribution to the joint 2005 budget in Brussels will be made public in late January or early February.

In this context, the new government led by Prime Minister Janez Jansa has announced for this year a major revision of the national budget which it has inherited from the previous government so as to prepare Slovenia to make the most of EU funds.

According to budget projections of the former government, the budgetary deficit is expected to amount to EUR 7.3 billion euros, while revenue is expected to be EUR 6.8 billion. The reduction of the budgetary deficit is considered to be one of the priorities of the incumbent government.

Slovenia joined the EU on 1 May 2004.

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