EU Demands an extra £1.7BN from Britain Due to the fast - TopicsExpress



          

EU Demands an extra £1.7BN from Britain Due to the fast recovering economy of Britain compared to the rest of the EU countries, Britain has been given a shock demand of an extra £1.7BN to be paid towards the European Union budget. David Cameron urged other EU member states to try harder to reform their own economy in order to give back more into the whole of the European Union. The Prime Minister tried to challenge the fee as it would mean, by paying the extra money then Britain would have paid a total of £8.6 Billion. The payment is due by 1st December, which is just days after the Crunch Rochester & Strood by-election where the Conservatives are struggling to fight off UKIP Power. Not only this, but Germany are set to receive a rebate of £615 million, while France will be receiving up to £778 million. A source from Downing Street has said that they will definitely challenge the demands of money, as Its not acceptable to change the fees for previous years and demand them back at a moments notice, in addition to this, the source had also said The European Commission was not expecting this money and does not need this money. In opposition to this, a commission spokesman, Patrizio Fiorilli said that Britains contribution reflects an increase in wealth, just as in Britain you pay more to the Inland Revenue if your earnings go up Tania Ahmed
Posted on: Sat, 25 Oct 2014 19:30:00 +0000

Trending Topics



Recently Viewed Topics




© 2015