Uk Contributions To Eu

[Ric.ror]

How much are the EU going to miss the contributions made by the UK?

[fiction-factory]

Well not for some time, and we don't know yet whether we may still have to pay something in just as Switzerland and Norway do- depends on the negotiations regarding trade

[dannyk13]

Probably not at all, they will just hike up the amount the other countries will pay.

[bazwillrun]

Well if its not the dosh what is it they were so desperate to get their hands on and keep ?

[Gromit]

Much of our contribution is spent back in this country, but not all of it.

If as seems likely, we pay to join the European Economic Area, then the EU will be better off because they will get our fees, but won't have to spend them on projects in the UK.

[Haggisdj]

Apologies if this has been covered previously but when we actually leave are we going to continue with the projects in this country that are sponsored by the EU and if so, who is going to pay for them?

[fiction-factory]

I assume that the government could use some of the money saved on contributions (if there are any), but it depends on public finances and priorities

[Khandro]

Nothing is actually paid for by the EU, we give them £8.5 per annum and they give some of it back for specific purposes and keep the remainder.
After Brexit the UK will be able to spend all of that amount on whatever it wishes.

[Khandro]

£8.5 billion

[DTCwordfan]

the Norwegians bill is 270 mln Euros/month and they get no rebates and are obliged to take immigration.

I'll bet that our bill will be far higher, the so called 380 mln gross (before rebates, sector subsidies (such as Agriculture), grants and projects, research support, the benefits of secondary services and inward investment) represented only 0.6% of GDP - a Thatcher legacy - others in the EU pay between 1 and 1.5% GDP. It was just that our economy has grown so much that the actual Euro figure paid was so large - in practice, it could have been double and I think will certainly exceed what we were paying before.

[fiction-factory]

I am sure that will be seen as anti British/leftie sour grapes DTC.
Anyway, got to go now to indoctrinate some youngsters in lefty/anti-British values

[youngmafbog]

Dont oay any bill at all. If they want to put huge tarrifs on then fine we will do likewise. Since we import more from the EU than we export to it by quite a bit the net cost will be in our favour.

Then the German car manufactuers will step in and all will settle down.

We should not expect snything special but we should approach it from 'So you wish to trade with us'.