![Cyprus a net beneficiary of EU budget — €134 million surplus recorded](https://cyprus-mail.com/wp-content/uploads/2024/09/2024-09-10T072458Z_755192902_RC2ZKZ9ZTSC3_RTRMADP_3_MIGRATION-EU-BORDERS.jpg)
Cyprus contributed just €259 million to the European Union budget in 2023, receiving €393 million in return .
This positions the island country as a net beneficiary, reflecting broader financial imbalances across member states, according to European Commission data.
The EU budget operates on contributions and allocations among member states, with some paying more than they receive while others benefit from net inflows.
The ‘Big Four’ contributors—Germany (€33.8 billion), France