EU Civil War - Five EU Countries Rebelling!
Interesting article again from Emily Ferguson Daily Express.
EU BUDGET negotiations have kicked off in Brussels this week and talks have already become heated with five member states face crippling annual payments in order to foot the Brexit bill.
European member states will meet for a crucial plenary debate on the bloc’s long term budget today, having failed to reach an agreement after months of grueling negotiations. Countries are split on how the EU will cover the funding gap left by Britain’s departure from the bloc. Five countries are set to foot the majority of the bill, which will see their annual contributions almost DOUBLE!
Austria, Denmark, Germany, the Netherlands and Sweden could see their contributions to the EU’s long term budget, also known as the Multiannual Financial Framework, increase dramatically.
Under current proposals, Germany’s net contribution would rise from €16billion (£13.5billion) to €26billion (£22.8billlion) per year.
Contributions from the Netherlands would increase from €4.5billion (£3.8billion) to €8billion (£6.7billion), while Austria would see its contributions double to €2billion (£1.7billion).
Earlier this week European Council President Charles Michel met with EU negotiators to discuss their priorities for the budget that will determine spending from 2021-27, ahead of next week’s plenary on the matter.
So far EU states have been unable to agree on the size of the budget, the volumes of the main policy areas, the revenue sources and the possibility to add new conditions and incentives for the disbursement of EU funds.
But time is running out to reach an agreement, as the budget proposals need to be signed up by the European Parliament in time for it to start in January 2021.
Ouch, that’s going to hurt! I wonder how all those “Oh so powerful coalition of countries” that agreed with the EU giving a kicking to the UK from day one with Cameron, are feeling now that the chickens have come home to roost!
I don’t wish more hardship on the 5 countries that are being taken to the cleaners due to us leaving, but they really should have thought of such as this happening when they sided against offering concessions to Britain which may well have prevented Brexit from ever happening. Certainly must be a case of ….If only….. and ….I wish I had…..
Unfortunately for the 5, that ship has already sailed. Their turn to get angry as they are held upside down, shaken and pockets turned inside out!
What do you think?