More outrageous EU demands

Whenever Eurocrats realise their ambitious spending commitments cannot be fulfilled, they casually raid Britain’s coffers while our political classes do little more than fake outrage and horror. It will only stop of we get Britain out

Cameron-juncker
Watch our wallet, Dave...
Alan_murad
Alan Murad
On 12 December 2014 11:59

Recently the Office of Budget Responsibility announced Britain will have to pay £100 million (€126 million) a year more on our European Union membership fee over the next 5 years. Almost on cue, a deal has now been struck to increase next year’s EU budget by £3.8 billion (€4.8 billion), which now stands at £112 billion (€141.2 billion).

We can safely say David Cameron’s often repeated boast he has been successful in cutting the EU budget lies in tatters.

The EU’s incessant demands for money are nothing new, but following hot on the heels of last month’s surprise surcharge there is insult in the injury. Brussels has been clamouring for budget increases because they have outstanding bills amounting to over €25 billion.

It seems they convinced EU governments the only way to reduce the debt compiled by Brussels is to ensure the EU budget is big enough to meet financial commitments next year.

It’s an outrage that more funds from Britain to Brussels are being greenlighted while every country in Europe is trying to reduce government debt by cutting down on spending.

As for the surcharge, it was imposed because the EU decided calculating our gross national income had to be overhauled to be brought in line with international guidelines. This has meant illegal economic activities -- such as prostitution and the sale of narcotics -- are included in the measurement of our economy backdated to 1995. 

The bigger our economy, the more money we are obliged to contribute to Brussels, so we were billed retrospectively for having a larger economy than previously believed.

It begs the question why should Britain agree to pay surcharges on industries which contribute no tax to the Treasury? Even so, Britain’s economy performed far ahead of any other Eurozone nation this year, and for this we are punished while countries like Germany and France -- which have had sluggish growth -- are getting bigger rebates.

The episode encapsulates much of what’s wrong with the EU. Their philosophy is clearly - success must be punished and failure rewarded!

You can’t help but note the hypocrisy of the EU demanding fiscal responsibility from its members, but failing miserably to exercise any level of prudence. The EU is always happy to preach (and impose) austerity on its Member States, but you will rarely find them practising what they preach.

Fiscal responsibility and the EU don’t go hand in hand. Whenever Eurocrats realise their ambitious spending commitments cannot be fulfilled, they casually raid Britain’s coffers while our political classes do little more than fake outrage and horror.

People ought to wonder, at a time when the Chancellor George Osborne is supposed to be trying to reduce the deficit and cut state spending, why does our relationship with Europe comes with such an unreasonable price tag?

Meanwhile, Labour and Ed Miliband has just made a speech pledging to make spending cuts and reduce the deficit if he gets into 10 Downing Street after the general election next year -- no doubt to win over his detractors. He made no mention of any kind of renegotiated relationship with the EU, nor a plan for Britain to have a say on our membership of the EU.

To compete on the global stage we must Get Britain Out of the EU.

Alan Murad is a Research Executive at Get Britain Out

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