Skip to comments.Britainís exit from the EU will cost Germany billions: EU report
Posted on 11/10/2017 10:31:04 AM PST by Olog-hai
According to a study by the EU, which has been published by the Funke Mediengruppe, Germany will have to increase its contribution to the EU budget by 3.8 billion annually after the UK leaves.
The additional costs will add up to a 16 percent increase in Germanys annual contribution to EU finances, the report predicts.
Brexit doesnt just increase the financial weight on the other 27 EU members; it also changes how the contributions will be divided up, the report continues.
Germany, along with the Netherlands and Sweden currently benefits from a reduction in its contributions, which were agreed along with the UK rebate in 1984. With the UK leaving the EU, this rebate for Germany will cease to exist.
(Excerpt) Read more at thelocal.de ...
Pay up Hans.
That’s a shame.
Time to dust off those Operation Sea Lion plans, Chancellor Merkel.
They say that like it’s a bad thing.
One might assume that the solidarity tax will now live on, instead of ending in 2019. The idea of trimming the EU budget? Absolutely hopeless.
With all the new highly skilled, educated, hard working new immigrants to Germany, the German economy is moving forward on steroids. They will have no problem funding a little extra with that massive GDP increase they are seeing.
I would feel sorry for them except for the fact they reelected Merkel. That being the case they deserve everything coming to them. I do feel bad for those that voted against Merkel though.
The EU is a brilliant idea which benefits everybody in the EU when the EU is made up of 28 countries.
But if the EU is only made up of 27 countries, then the idea becomes very burdensome on the Germans?
There's something very wrong with this picture.
Germany will have to increase its contribution to the EU budget by 3.8 billion annually after the UK leaves
No big deal, just Raise Taxes and Import more muslim immigrants
The only reason for this is the stupid financial structure of the EU, and not merely due to the U.K. exit.
If the EU was ONLY a total free trade union and not trying to be the new European empire, the Brexit would not be so costly to anyone but the U.K. and that only if the EU members wanted to get protectionist against an independent U.K.
Ha ha ha
I guess it never dawned on them to decrease spending. Sound familiar?
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