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EU cost rises by £500m

August 9th, 2009
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Britain’s payments to Brussels have rocketed by more than £500 MILLION a year.
(News of the World, 9 August 2009)
New figures reveal we handed over £16.3 BILLION last year – £537 more than the year before”  In 2008 the UK did not pay £16.3 billion in the EU budget, but rather 16.3 billion Euro, of which it got back straight away 6.25 billion Euro under what is known the UK rebate. EU budgets are expressed in Euros, so figures should be converted into pounds. This means that in 2008 the UK paid 10.11 billion Euro or roughly £8 billion.

 

It’s far too simplistic and perverse to confine the European Union to a price tag. There are an array of benefits – recognised and supported by a majority of the British public, according to a recent poll – that are difficult to quantify in cash: such as being part of a market of almost 500 million people, a cleaner and safer environment, and better security. It’s like saying that it costs money to buy a house without saying that you need a house in the first place and that you would be in much worse situation without it!

EU cost rises by £500m, 1.0 out of 5 based on 1 rating

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