Latest EU insanity is in the couldnt make it up category: The demand for £1.7 bn from the UK by the EU takes into account the proceeds of prostitution and drug-trafficking. (How is the data collected? From the ladies’ and dealers’ tax returns?) Britain and the Netherlands are punished for success. France has ruined its economy by Socialist profligacy, so it is rewarded with €800 million. Europe’s biggest economy, Germany, gets €615 million which is peanuts to them whilst bankrupt Greece gets clobbered for €71 million. The demand for £1.7 bn from the UK is based on calculations going back 19 years for budget periods long since closed. The EU accounts have not been signed off for about 13 years. Failure is rewarded, success is penalised - under EU rules.
Posted on: Thu, 30 Oct 2014 10:33:36 +0000