Re: The Price Of Staying In!!
Hi
Some interesting statistics.
These are from Eurostat, which is an EU Institution, beloved by Flicker as it is the EU.
The figures are as last published , 2016.
France, debt as % of GDP 96%, UK 88.3%
France, Unemployment 9.5 %, UK 4.8%
France, Youth Unemployment 24.7% , UK 13.1%.
It would appear we not to bad.
As far as how much we owe the EIB, yes it is between 40 and 50 billion.
However we own 16% of the EIB issued capital, which is around 36 billion.
Not bad , especially as we could not only sell our capital at Cost, we would also get additional money for our share of the bank itself.