30-11-2018, 06:22 PM
141
Re: It's done...ish
Originally Posted by itsme
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Solasch, notwithstanding what Mr. Junker said. Paragraph 3 of the article states;3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period.
https://eur-lex.europa.eu/legal-cont...EX%3A12012M050
The letter to the EU was a 'notification of intention to withdraw' and not a 'notification of withdrawal'.
Personally I believe it should just be revoked, it's cost us far more than anyone could have been expected to know. £40 billion and growing is the last estimation.
It hasn't cost us a penny so far and any estimates are total fairytales.
One figure that is real though is that we will save £39billion by leaving with no deal
30-11-2018, 06:36 PM
142
Re: It's done...ish
Originally Posted by Moscow
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Personally , I think you talk shite.It hasn't cost us a penny so far and any estimates are total fairytales.
One figure that is real though is that we will save £39billion by leaving with no deal
New analysis by the CER – which we will update quarterly – estimates that the UK economy is 2.1 per cent smaller as a result of the vote to leave the EU. The knock-on hit to the public finances is now £23 billion per annum – or £440 million a week and growing.
How come that you profess that you don't believe statistics, and yet you are willing to refer to £39 billion.
Its not long ago that you where asking where this figure came from????? unless it was your other dimwitted crony.
Just another example brexitiers being two faced, don't you think?
30-11-2018, 07:26 PM
143
Re: It's done...ish
Originally Posted by Moscow
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Personally , I think you talk shite.It hasn't cost us a penny so far and any estimates are total fairytales.
One figure that is real though is that we will save £39billion by leaving with no deal
30-11-2018, 08:47 PM
144
Re: It's done...ish
Originally Posted by Solasch
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It has been said on this several times before. If you do not pay the £39 bn you owe, you think any country will trust to make trade deals with you? You would be a cheating country, and nobody deals with those.
Not exactly correct.
No Deal and No Transition means that we save around half that Sum, that being the amount we agreed to pay for the Transition Period.
The rest is not an exact sum, it is an agreed Formulae to pay costs we signed to.
If we do not pay these sums it will end in International Court.
If the Courts find in favour of the EU then we will be deemed to be defaulting.
That would have very serious consequences in terms of Trade Deals, but more importantly on the interest we pay on what we borrow.
30-11-2018, 09:37 PM
145
Re: It's done...ish
Originally Posted by swimfeeders
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HiNot exactly correct.
No Deal and No Transition means that we save around half that Sum, that being the amount we agreed to pay for the Transition Period.
The rest is not an exact sum, it is an agreed Formulae to pay costs we signed to.
If we do not pay these sums it will end in International Court.
If the Courts find in favour of the EU then we will be deemed to be defaulting.
That would have very serious consequences in terms of Trade Deals, but more importantly on the interest we pay on what we borrow.
That wouldn't be the ECJ by any chance?
30-11-2018, 09:38 PM
146
Re: It's done...ish
Originally Posted by swimfeeders
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HiNot exactly correct.
No Deal and No Transition means that we save around half that Sum, that being the amount we agreed to pay for the Transition Period.
The rest is not an exact sum, it is an agreed Formulae to pay costs we signed to.
If we do not pay these sums it will end in International Court.
If the Courts find in favour of the EU then we will be deemed to be defaulting.
That would have very serious consequences in terms of Trade Deals, but more importantly on the interest we pay on what we borrow.
30-11-2018, 09:41 PM
147
Re: It's done...ish
Originally Posted by JBR
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A formula agreed by whom? The EU and May, perhaps?That wouldn't be the ECJ by any chance?
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