Budget
The agency is financed by its members in proportion to their Gross National Income. An effect of this is that some nations pay different contributions towards the budgets than others. For example in 2007 the biggest budgetary contributor was Germany at a cost of € 4,202,027 followed by the United Kingdom paying € 3,542,487, and France paying € 3,347,139.
This budget covers the Agency's operating costs. Individual projects are funded separately.
The budget and expenditure of the EDA is given in the table below
| Year | Budget (€ millions) | Expenditure (€ millions) |
|---|---|---|
| 2004 | 1.9 | 0.4 |
| 2005 | 20.7 | 12.8 |
| 2006 | 22.7 | 18.8 |
| 2007 | 22.4 | 21.5 |
| 2008 | 27.5 | 26.2 |
| 2009 | 29.2 | 28.1 |
| 2010 | 31.0 | 30.5 |
| 2011 | 30.5 | 30.5 |
| 2012 | Data not yet available | Data not yet available |
As of 2012, EDA has a staff of 116.
Read more about this topic: European Defence Agency
Famous quotes containing the word budget:
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
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