Quote:
Originally Posted by Mick
While Luxembourg is trying to humiliate us. Pay back time.
It is well known the UK is a massive NET contributor to the EU, i.e we put more in than we get out...
Luxembourg is one of those Member States that gets more out than it puts in...
For example...
Budgets and Funding
How much does Luxembourg contribute and receive?
Member countries' financial contributions to the EU budget are shared fairly, according to means. The larger your country's economy, the more it pays – and vice versa. The EU budget doesn't aim to redistribute wealth, but rather to focus on the needs of all Europeans as a whole.
Breakdown of Luxembourg’s finances with the EU in 2017:
Total EU spending in Luxembourg: € 1.827 billion
Total EU spending as % of Luxembourg gross national income (GNI): 4.97 %
Total Luxembourg contribution to the EU budget: € 0.307 billion
Luxembourg contribution to the EU budget as % of its GNI: 0.84 %
How much does the UK contribute and receive?
Member countries' financial contributions to the EU budget are shared fairly, according to means. The larger your country's economy, the more it pays – and vice versa. The EU budget doesn't aim to redistribute wealth, but rather to focus on the needs of all Europeans as a whole.
Breakdown of the UK's finances with the EU in 2017:
Total EU spending in the UK: € 6.326 billion
Total EU spending as % of the UK’s gross national income (GNI): 0.28%
Total UK contribution to the EU budget: € 10.575 billion
The UK’s Contribution to the EU budget as % of its GNI: 0.46%
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Gotta be a bit careful with those numbers as Luxembourg hosts;
- the Secretariat of the European Parliament;
- a Directorate-General and services of the European Commission, in particular the statistical office Eurostat and a large part of the translation service;
- the Court of Justice of the European Union, the General Court and the Civil Service Tribunal, with an Appeal Court for the European Unitary Patent due to take up residence in the near future;
- the European Court of Auditors;
- the European Investment Bank and the European Investment Fund;
- the Consumers, Health, Agriculture and Food Executive Agency (CHAFEA);
- the Publications Office of the European Union, official publisher of the publications of the institutions of the EU and in particular of the Official Journal of the European Union, which contains legislation in the form of regulations, directives and decisions.
It looks like around 81% of the funding from the EU is administration and is a hangover from the European Coal and Steel Community (source -
http://www.europarl.europa.eu/extern...tml#luxembourg)
See also Belgium which receives a seemingly huge amount of funding but nearly 70% is spent on simply running the EU there