EU Faces Funding Cliff Edge

All this talk of Brexit being a cliff edge for Britain ignores the other side of the coin, it is a funding cliff edge for the EU. Excluding Germany, Britain’s contribution is more than the total net contribution of the 26 other EU states combined. Guido will repeat this: add up the debits and credits of every member state from France to Poland bar Germany and it comes to a figure less than Britain’s EU contribution. Britain’s exit will be a massive budget hit to the EU…

Guido has been saying since the referendum that this will be the year world opinion will shift from “What the hell have the Brits done?” to “The EU is in trouble without Britain.” Mark Carney said similar yesterdayWhen negotiating it will be important to remind them that a bad deal or no deal could see the UK stop the flow of pounds immediately. That is the EU’s budgetary cliff edge…


Remain Media Coverage Criticised By Experts Remain Media Coverage Criticised By Experts
Why Transition Must Be Short Why Transition Must Be Short
PICTURES: Seumas’ Temper Tantrum PICTURES: Seumas’ Temper Tantrum
Don’t Believe ‘Victory For Hammond’ Spin Don’t Believe ‘Victory For Hammond’ Spin
City Envoy Slams “Bewildering” Brussels City Envoy Slams “Bewildering” Brussels
Chlorine Chicken? EU Mired in Food Safety Scandals Chlorine Chicken? EU Mired in Food Safety Scandals
Juncker’s Junkets: Commissioners’ €500,000 Expenses Juncker’s Junkets: Commissioners’ €500,000 Expenses
BBC Silent on Arch-Remainer’s Background BBC Silent on Arch-Remainer’s Background
August Brexit Good News Hat-Trick August Brexit Good News Hat-Trick
Ignore Remain Spin: Tory Leavers Support Transition Ignore Remain Spin: Tory Leavers Support Transition
Everything is Awesome for Manufacturing Everything is Awesome for Manufacturing
HMT Predictions Way Off HMT Predictions Way Off
#DespiteBrexit: A Classic of the Genre #DespiteBrexit: A Classic of the Genre
Hat-Trick of Brexit Good News Hat-Trick of Brexit Good News
Sunday Shows Sunday Shows
City Confident as Hiring Rates Rocket City Confident as Hiring Rates Rocket
Davis Accepts Donations from Top Blairite and TV Remainer Davis Accepts Donations from Top Blairite and TV Remainer
Remainers Behind Smears and Negative Briefings Remainers Behind Smears and Negative Briefings
Torbynistas Torbynistas