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The European Union is costing us more each day

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The European Union is costing us more each day

Post by Frances Fox on Wed Nov 23, 2011 7:26 pm

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EU membership now £50m a day
Wednesday, 23rd November 2011

UKIP analysis of the latest figures contained in The Pink Book 2011 (UK's Balance of Payments) clearly show that the UK now sends in excess of £50million every day in contributions to the European Union.

Figures released today for 2009/2010 show that the UK's gross contributions have increased by 5.7%

Gross receipts (payments from Brussels to the UK) shrank between 2009 and 2010. Part of the reason for this was Tony Blair's surrender of the UK's rebate from the EU.

Our net contribution to the EU has rocketed from £6.6billion in 2009 to £10.3billion in 2010.

Last year the Office for Budget Responsibility envisaged £10.3billion as the annual cost of EU membership for 2014. These new figures show that they have grossly underestimated the cost to the UK of EU membership.

The Pink Book 2011 is a summary of balance of payments accounts, which contain detailed statistics for the current account including; trade in goods and services, income, current and capital transfers, transactions in UK external assets and liabilities, and levels of identified assets and liabilities.

Numbers contained in The Pink Book are higher than those from HM Treasury because not all UK payments to and from Brussels transit via HM Treasury. For example, the Department for International Development channels part of its 'overseas aid' direct to institutions by-passing HM Treasury.

Nigel Farage, UKIP Leader, said: "The figures speak for themselves. We are paying more than ever before for our EU membership and are getting less in return.

"This news is a kick in the teeth for the British people who are tightening their belts in these tough times.

"David Cameron has ignored the will of the people by denying them a referendum on the UK's membership of the EU, and now these figures will just rub salt in the wounds. How can the Prime Minister still say it is within our interests to remain in the EU?"

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Re: The European Union is costing us more each day

Post by Ivan on Sun Jul 07, 2013 11:14 pm

This is part of what the Polish Foreign Secretary, Radek Sikorski, had to say about British Eurosceptics last year:-
 
“Some want out but not entirely. By replacing membership with a negotiated free trade agreement, they argue that the UK will be better off. Because Britain’s market is too valuable for the rest of the continent to ignore, they say, the British government could negotiate a trade deal that would preserve all the advantages of membership in the single market, without any of the political and financial costs.

My answer to that is: don’t count on it. Many European states would hold a grudge against a country which, in their view, had selfishly left the EU. While you are an important market for the rest of the EU, accounting for about 11% of the rest of the EU’s trade, your trade with the EU is 50% of your total trade. No prizes for guessing who would have the upper hand in such a negotiation.

Any free trade agreement would have a price. In exchange for the privilege of access to the Single Market, Norway and Switzerland make major contributions to the EU’s cohesion funds. They also have to adopt EU standards – without having any say in how they are written. At the moment, Norway’s net contribution to the EU budget is actually higher, per capita, than Britain’s.

So think hard: the EU is a market of 500 million people who enjoy the highest average standard of living in the world. According to the IMF and the World Bank, Europe’s GDP is about 2.5 times than that of China and nine times that of India. Do you want to lose your privileged access to that market?”

 
For the entire article:-
http://www.msz.gov.pl/resource/ff80e9c3-19f6-460c-9921-c73bbb089c54:JCR

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Re: The European Union is costing us more each day

Post by oftenwrong on Mon Jul 08, 2013 7:34 pm

Occasionally referred to as "Cutting your nose off to spite your face." Human nature is very reliable.
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Re: The European Union is costing us more each day

Post by tlttf on Sat Jul 13, 2013 9:30 am

Austerity for some!!!


Euro MPs seek to plunder £48m more from our pockets
EURO MPs provoked fury last night by demanding an extra £48.5million from taxpayers.
By: Macer Hall
Published: Sat, July 13, 2013

The European Parliament called for a massive 3.3 per cent hike in its annual budget next year to a total of £1.6billion.

Some of the cash is already earmarked for a museum of European history and an exhibition about Euro MPs in Brussels.

The huge demand comes despite David Cameron and other EU leaders agreeing a real-terms cut in overall spending over the next seven years.

http://www.express.co.uk/news/uk/414519/Euro-MPs-seek-to-plunder-48m-more-from-our-pockets?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+daily-express-uk-news+%28Daily+Express+%3A%3A+UK+Feed%29

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Re: The European Union is costing us more each day

Post by oftenwrong on Sat Jul 13, 2013 11:04 am

The few people who have tried to slow the Brussels gravy-train were all thrown off it.

Perhaps we should ask why the equally expensive Westminster organism is allowed to continue in parallel.
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Re: The European Union is costing us more each day

Post by Ivan on Sat Jul 13, 2013 12:21 pm

The European Parliament called for a massive 3.3 per cent hike in its annual budget
tlttf. Thanks for another yawn of a story. Is that sordid piece of crude propaganda supposed to make us all support UKIP and far-right Tory headbangers? In your dreams. The European Parliament has asked for some more money. So what? It doesn’t mean it will get it.
 
The only significant thing about that pathetic article is its appallingly hyped-up emotive language. “Demand”, “fury”, “plunder”, “huge”. As we’re told that the claim is for 3.3%, we don’t need to be indoctrinated with the word “massive”; can’t we be allowed to make our own judgement? In most people’s view, 3.3% is not massive. 50% is massive, the sort of bonus that bankers get – you know, those bankers who Cameron and Boris Johnson rushed off to Brussels to support when a cap on bonuses was being discussed.
 
I really feel sorry for you if you can’t find anything better than that unmitigated trash to read. It’s no wonder that your postings are so dreary, so loaded with half-truths or lies and so superficial.
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Re: The European Union is costing us more each day

Post by tlttf on Sun Jul 14, 2013 6:42 am

Ivan, when I need to read unmitigated trash, guess whose posts I read?

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Re: The European Union is costing us more each day

Post by oftenwrong on Thu Aug 14, 2014 10:33 pm

British exporters are suffering from the fact that half of their business is with Europe, which shows nil growth over the past twelve months. Even Germany has declared less growth than the UK's published figures.

The Victorians enjoyed a story about the Duke of Wellington being addressed by an individual in Hyde Park, "Mr. Smith, I believe?" To which the Duke responded, "If you can believe that, you can believe anything."

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The argument did not begin with the referendum last June

Post by oftenwrong on Thu Jan 26, 2017 11:03 am

The modern history of Singapore may be what Brexiteers are dreaming of:

https://en.wikipedia.org/wiki/Economy_of_Singapore
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Re: The European Union is costing us more each day

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