That'll be another 34 billion please UK

Juan Mourep

Vital 1st Team Regular
http://money.aol.co.uk/2014/11/27/europe-bills-the-uk-another-34-billion/

Europe has another massive hole in its funding, and the UK is going to be called on to pay tens of billions of pounds in order to fill it. The news comes hot on the heels of a £1.7 billion demand from Brussels earlier this month, and is bound to lead to yet more discussions as to whether Britain is better off in or out of Europe.

The problem is that auditors have calculated that the EU will have a £259 billion shortfall by 2020. This is a shortage of cash to pay for things that the EU has promised and is legally obliged to deliver.

Between now and then the member states are going to have to make up the shortfall, and Britain's share of that would work out at almost £34 billion. It would mean we contribute £13 billion a year for the next six years - which is even more than the record £11.3 billion paid to Europe last year.


No, springs to mind.

 
Fuck Off also springs to mind.

I remember when we join 'The Common Market' which was supposed to be what it says on the tin. But this has become far too big for it's boots and is just a money making machine for the overpaid eurocrats.

Get us out of this hell ASAP!

 
The money wasted springs to mind.

Seriously, the amount of money spent in this country and in Europe on bureaucracy and the institutions is obscene.

The European Union should be a fantastic ideal, but it's bloated and too autocratic.

Would like to see the proper figures of what the net benefit is to us, only with those figures can one really assess whether we are paying in too much etc
 
The Fear - 28/11/2014 09:16

The money wasted springs to mind.

Seriously, the amount of money spent in this country and in Europe on bureaucracy and the institutions is obscene.

The European Union should be a fantastic ideal, but it's bloated and too autocratic.

Would like to see the proper figures of what the net benefit is to us, only with those figures can one really assess whether we are paying in too much etc

I think it's impossible to determine the net effect to be honest, although I do think we could quit Europe and spend the £13bn a year or whatever it is on business incentives / support or tax breaks to help SME's grow and to attract large corporations into the UK and we'd be better off
 
Trying to find the true value of the benefit of being in the EU is a tad difficult. I'm sure somebody must know but they ain't telling it without spin,

I only signed up to the Common Market - that's all we were actually asked to vote on. Seemed like a good idea at the time. I was much younger!
 
If we came out of the EU, could we then stop all the other countries fishing in our waters thus revitalising another industry that was a victim of poor decision making?
 
It sure is as is leaving and how much the barriers to trade (which came down when the market expanded obviously) would cost in the negative to our country and the exporters.

There is no doubt the barriers/taxes to enter would return and some countries would put them back up with some relish.

The sad thing is at the time I studied (I did my thesis on the technical barriers to trade in my degree), some of the uniformity of rules, bringing down the barriers to trade, making it a single market etc etc etc made great sense.

The bureaucracy and the creeping of the superstate however doesn't.
 
thefacehead - 28/11/2014 13:51

If we came out of the EU, could we then stop all the other countries fishing in our waters thus revitalising another industry that was a victim of poor decision making?

I believe so... Iv heard it said that those rules destroyed the Irish fishing market... Ireland has probably the best fishing waters in Europe partly due to the size of ownership we have...

The EU do like to make counter claims though but you cant always take the first thing you read at face value... I mean you cant really sit back and say Ireland isnt losing out on anything when there are vessels from other nations fishing in your waters...
Having said that the idea of nations and boarders and 'rights to land' are stupid ideas...
 
Ireland got right royally screwed by that deal and have been screwed by their prime minister since then.