E U Budget

[sunny-dave]

Regardless of how one voted (or didn't vote) in The Referendum, one can't suppress a small frisson of Schadenfreude as reality starts to bite ...

https://www.theguardian.com/world/2020/feb/21/eu-leaders-at-odds-over-filling-brexit-shortfall

Perhaps if they'd been a little more honest in their approach to negotiations, they might still have some input from the UK and we might have a better deal than Boris's Botch Up?

[Zacs-Master]

Where is the Guardian getting £63b from? The difference between the money we paid to the EU and the money we received was £11.0 billion in 2018.

[Spicerack]

Pride comes before a fall.

[Spicerack]

It's over 5 or 6 years, Zacs.

[Zacs-Master]

Thanks Spicey, I now see the 'setting funding from 2021 to 2027' bit.

[ladybirder]

Shame innit;-))

[Zacs-Master]

Actually, looking at the bigger picture, it is. If EU countries suffer financially there's the potential for our trade to be reduced, impacting our economy. We've left the EU, not Europe.

[Old_Geezer]

A lot of Europe opts to be treated as the EU for various things, such as trade. If they are feeling the pinch, financially, maybe they'll be keen to demand that the EU negotiation team are more realistic in the trade talks, assuming they find the nerve to speak out to the team.

[fender62]

eu accounts have still not been signed off by auditors...after lots of yrs
to much fraud..https://medium.com/@richardmilton_22731/have-the-eu-accounts-been-signed-off-of-not-81962ab26f8d