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Dutch will pay EU €642m surcharge before the end of 2014

November 21, 2014

euro money banknotesThe Netherlands will pay an EU contribution surcharge of €642m before the end of this year, finance minister Jeroen Dijsselbloem said after the weekly cabinet meeting.

The Netherlands can pay the bill earlier than expected because of various treasury windfalls, Dijsselbloem said.

Dijsselbloem had earlier negotiated a delay until September 1 2015 and an agreement that the bill could be paid in installments.

Despite initial scepticism, Dijsselbloem said last week the new Brussels calculations, which cover several years, do appear to be correct and the Netherlands would pay up.

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