Thursday 30 November 2017

Euro Money Go-Round

Recent leaked reports have suggested the UK is prepared to pay a "divorce bill" of around 40-50 billion Euros to leave the EU. Just take a moment to consider how much that is.

I can't help but wonder about fairness of it all. The UK is a net contributor to the EU, while many countries are net recipients. Does that mean if one of these countries announced a desire to leave this undemocratic block, the EU commissioners would insist on dragging out talks and further insist on continuing payments to said country? I think not.

I know the arguement is that as a nation we made financial commitments for certain projects. But should that really extend to pension payments for EU officials for the next 30 or so years? Especially for the likes of Member of the European Parliament, Nigel Farrage, a man who has led for years the campaign for us to quit the EU?

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