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Observer II

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  • 3 weeks later...

read today that the eu cannot agree a budget after losing the75 billion we contributed.

Quote

A summit of EU leaders seeking to fill a €75bn hole in the bloc’s budget left by Brexit dramatically collapsed after Angela Merkel led major contributors in rejecting a proposal that would have left them paying billions more.

The meeting in Brussels was brought to an abrupt end on Friday evening with the leaders deeply divided, leaving the European council president, Charles Michel, to admit: “We need more time.”

The UK’s departure has left EU states struggling to fund plans over the next seven years to tackle the climate emergency, aid poorer regions and continue to subsidise farmers through the common agricultural policy.

quote from the guardian website (not the warrington one by the way)

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The reason the EU has lasted to-date, is because net contributors were subsidising net receivers, the UK being one of the biggest contributors.  Now Germany and France will have to pay more or the rest get less; and as the whole attraction for membership by poorer members are the financial handouts; their support for the project will evaporate.

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5 hours ago, Observer II said:

The reason the EU has lasted to-date, is because net contributors were subsidising net receivers, the UK being one of the biggest contributors.  Now Germany and France will have to pay more or the rest get less; and as the whole attraction for membership by poorer members are the financial handouts; their support for the project will evaporate.

The French went an increase in EU spending and has called on Germany to come up with most of its, while Austria, Germany, Sweden and Denmark have called for cuts and a cap on spending.

Meanwhile Ireland who is much richer now then it had been is objecting to any cuts in money  from the EU budget.it receives 

Poland who too is now much richer and has a GDP greater then net contributors like DEnmark, Finland and Austria has demanded more from the EU budget especially for its farmers. 

PS Ireland is the 4 richest country in the EU according to GDP per capita 

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On 2/22/2020 at 2:44 PM, Evil Sid said:

read today that the eu cannot agree a budget after losing the75 billion we contributed.

quote from the guardian website (not the warrington one by the way)

They were so cock sure we would end up staying in they didn't plan for our exit.

Oh dear ........

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