Quotulatiousness

September 30, 2016

Net contributors to the EU budget

Filed under: Britain, Europe, Germany — Tags: , , — Nicholas @ 02:00

A rather revealing post at Guido Fawkes:

eu-net-contributors

Liam Fox told the Spectator that Germany risks becoming the world’s biggest cash machine after Brexit because it may end up paying for a failing European Union that is in danger of imploding:

    “If I were a German politician I would be worried that, without Britain, Germany has the potential to become the greatest ATM in global history.”

They’ve figured this out for themselves…

Of the 28 current members of the EU it may surprise co-conspirators to learn that only 12 countries were net contributors. Ireland has become the the thirteenth net contributor for the first time since it joined in 1973, hitherto it has been a net beneficiary to the order of €50 billion. Expect Irish attitudes to the EU to change as that equation changes.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress