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Poland Is Biggest Net Recipient of EU Funds: Chart of the Day

Nov. 21 (Bloomberg) -- Poland was the biggest net recipient of funds from the European Union budget in 2011, getting more than double the amount channeled to Greece, the next largest.

The CHART OF THE DAY ranks the bloc’s 27 nations, showing how much each paid into or received from the central budget last year. The funds equal about 1 percent of the total gross domestic product of the EU.

Leaders of the EU gather in Brussels tomorrow for a summit to hammer out a seven-year blueprint of about 1 trillion euros ($1.28 trillion). The U.K., which opposes any increase in the spending plan, ranks as the fourth-biggest net contributor.

To contact the reporter on this story: Mark Evans in London at mevans8@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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