(Bloomberg) -- Germany’s contribution to the EU budget will rise by 42% in the coming years, Die Welt reported, citing government calculations based on the proposals for the European Union’s long-term budget.
The finance ministry in Berlin estimates that Germany’s annual payments to Brussels would rise by an average of 13 billion euros ($14.6 billion) from 2021. Its contribution has averaged 31 billion euros per year recently.
According to the current proposal from the EU Commission, member states should pay around 1.075% of their gross domestic product as a contribution over the next seven years.
