Dr. Joseph P. Farrell
December 22, 2016
Just when you thought it was safe to venture out of the European Union box, you get presented a bill for 50 Billion pounds, according to this story shared by Mr. R.M.:
There’s something here that grabbed my eye, and it presages a looming fight between London and Brussels. Consider these statements carefully:
The calculation is believed to include the obligation for the UK to pay into the EU Budget until the end of 2020, having signed up to the Multiannual financial framework already, as well as the UK’s share of outstanding pensions liabilities and other payments associated with loan guarantees.
The Czech Republic’s Europe minister, Tomas Prouza, reportedly said the huge sums were “only things the UK has already committed itself to paying”.
When asked if British people should expect a bill worth tens of billions of pounds, Mr Prouza responded: “Definitely.
“This is what the UK has already committed to pay, and we would expect that the UK would honour its commitments. It will be one of the first issues coming up on the table.”
Downing Street said the UK would meet its obligations while it remained a member of the EU – but any financial settlement after that would be a matter for negotiation.
“Decisions on how UK taxpayers’ money is spent will be decisions for the UK to take moving forward,” a No.10 source said. (Emphasis added)
In other words, the Brussels bureaucrats are dictating that London has to fully honor all its EU commitments to 2020, even if it leaves the EU before then, and that includes Brussels telling the UK how it is going to spend that money. And London, of course, is saying, in effect, that the idea that Britain would have to continue to pay full membership obligations are that it is no longer fully a member after leaving the EU is “just plain barmy!” Of course, London has a point: if the U.K. leaves the EU say, in 2018, why should it have to continue paying its full “membership dues” to a club it is no longer a member of, and doesn’t want to be a member of?
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