Re: Remainers Didn't Know What they were Voting For!
Originally Posted by
weedeek
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A very warped view of things, but there’s no arguing with you, so as long as it makes you happy I suppose.
This us scotland's present benefit from the EU. After independence, and regaining membership of the EU as a sovereign state, it must be even more.
Scotland's public sector makes an annual net notional contribution to the EU budget of £455 million (based on a four year average). This represents roughly 0.6% of total public sector expenditure for Scotland in 2017-18. Money that comes directly from the EU to Scottish organisations in the private sector (including universities) is not included in this calculation.
Funds received from the EU's budget are of broadly two types: pre-allocated and competitive. Finance in the form of European Investment Bank Group lending is also significant and distributed outwith the EU budget.
Common Agricultural Policy*(CAP) is by far the largest source of EU funds. Over £500 million a year comes to Scotland from the CAP in the form of direct payments to farm businesses and rural development funding. Following Brexit, short-term guarantees have been provided by the UK Government to replace most CAP funds until 2022, but no commitments have yet been made to replace CAP funding in the long term.
Structural Funds*in Scotland are worth up to €941 million across the EU budget period for use in economic development. To make full use of these funds, they must be legally committed to projects in Scotland by the end of 2020. Half of Scotland's potential structural funding is uncommitted at present. Following Brexit, the UK Government has provided short-term guarantees and proposes a UK-wide replacement fund in the longer-term.
Common Fisheries Policy*is co-financed in Scotland through the European Maritime Fisheries Fund (EMFF). Scotland is allocated 44% (€108m) of the total UK figure and £42 million - over 80% of the Scottish allocation - has been committed to projects so far.
Competitive funds*are awarded directly by European Commission to organisations and include significant research, innovation and education exchange programmes. Since 2014, €533 million of Horizon 2020 funding, €65 million of Erasmus+ funding and €58 million of Territorial Cooperation funding has been secured by Scottish organisations.
The*European Investment Bank Group*provides finance outwith the MFF 2014-20 in the form of loans. Since 2016, the EIB has signed loans worth €2.0 billion to projects in Scotland.
https://digitalpublications.parliame...ng-in-Scotland