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.
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.
