Thread: Brexit (Old)
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Old 18-10-2018, 17:18   #1991
Pierre
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Re: Brexit

Quote:
Originally Posted by Damien View Post
There also another very important stat.

https://www.statista.com/statistics/...contributions/


Quote:
This statistic shows the EU Member States' share of total contributions to the European Union budget in 2016. While most of the EU countries contributed shares between 0.07 percent (Malta) and 1.83 percent (Denmark), there were only four Member States, namely France, Italy, Germany and the United Kingdom (UK), which reached contribution shares greater than 10 percent. Together, these four countries make up over 60 percent of all contributions, with Germany contributing the largest single proportion with 19 percent. UK net contributions to EU budget shows fluctuation in the amount the UK has paid to the EU over recent years. According to government forecasts UK contributions to the European Union budget are expected to increase each year until 2022. An overall rise is also expected in UK public sector receipts from European Union budget.
Bottom line is they will have a +14% hole in their budget to fill, which is not inconsiderable. So to say we are in a totally weak position is not quite true.
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