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Old 14-07-2004, 16:30   #132
kronas
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Join Date: Jun 2003
Location: heckmondwike
Age: 39
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kronas is cast in bronzekronas is cast in bronzekronas is cast in bronzekronas is cast in bronze
kronas is cast in bronzekronas is cast in bronzekronas is cast in bronzekronas is cast in bronze
EU attempts to rebunk british rebate

the £2bn rebate britain recieves from the EU is being discussed.

as britain is the biggest contributer to europes coffers margret thatcher's deal back in the 80s meant that britain would recieve money back as it is the biggest contributer.

but now due to the expansion of the EU the EU's budget minister wants to create a system to rebate other members who contribute.

the british argument is that other countries get far more in subsidy's in the industries such as agriculture, so britain should retain the rebate.

source: BBC news

http://news.bbc.co.uk/1/hi/uk_politics/3892527.stm

the EU is good for us ?

btw the plans the EU has is to either reduce or scrap britains rebate.
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