Thursday, 29 June 2017

The BBC post this news but can't quite bring themselves to drw the obvious conclusion

The BBC report that:
'The UK's departure from the EU will leave a budget shortfall of at least €10bn (£8.8bn; $11.4bn), the budget commissioner has warned.

Günther Oettinger said the bloc must either spend less or find new money to fill the gap, equivalent to an estimated 16% of the entire budget.'
So doesn't that mean that the British were contributing far more to the EU than they were receiving from the EU?

£8.8 billion a year equates to around £169 million a week, that does seem like a lot of money. That figure is an 'at least' figure, I wonder what the actual figure is. Somehow I don't expect that the BBC will be pushing that aspect of the story.

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