The next EU-budget: Which side are you supporting ?

[Tender Branson]

The exit of the UK will leave a hole of around 14 Bio. € in the EU budget.

Common sense would tell you that if a country is leaving the EU, the budget will have to decline and that there should be savings.

But it seems Germany, France, Italy and Co. still want to increase the budget, despite a huge country like the UK leaving the union.

A rogue, rebellious group of countries such as Austria, Denmark, the Netherlands, Sweden etc. (who are all net-contributors to the EU budgets) want savings and are not willing to pay a single cent more to the budget after the UK leaves.)

http://www.bbc.com/news/world-europe-43169054

What do you think ?

I'm obviously a supporter of group A. The EU and its Eurocrats are a wasteful black hole that are desperately in need of savings.

[Tender Branson]

Which group of countries support those new taxes to cover the budget holes? Is it Germany? I now that Costa supports it.

Currently, Austria, Denmark, Finland, the Netherlands and Sweden support a smaller budget because of the UK exit.

France, Germany, Italy and many Eastern European countries + Southern European countries that got bailed out (and who are also net recipients of EU money) support a higher budget.

Here is a map of net payers to the EU budget (red) and recipients (green):



The fact that wealthy Ireland and super-wealthy Luxembourg are net recipients is amazing and extremely ridiculous as well.

[Tender Branson]

The exit of the UK will leave a hole of around 14 Bio. € in the EU budget.

Common sense would tell you that if a country is leaving the EU, the budget will have to decline and that there should be savings.

But it seems Germany, France, Italy and Co. still want to increase the budget, despite a huge country like the UK leaving the union.

A rogue, rebellious group of countries such as Austria, Denmark, the Netherlands, Sweden etc. (who are all net-contributors to the EU budgets) want savings and are not willing to pay a single cent more to the budget after the UK leaves.)

http://www.bbc.com/news/world-europe-43169054

What do you think ?

I'm obviously a supporter of group A. The EU and its Eurocrats are a wasteful black hole that are desperately in need of savings.

When a country leaves the EU, its revenue also declines so there are no savings.

Obviously if Austria wants less development in other countries and more immigration to Austria, it should support a reduced EU budget, but I got the impression along the way that Austrians really like Austrians.

What are you talking about ?

Immigration to Austria from Eastern Europe increased, despite these countries getting more money from the EU than ever before.

Under the savings scenario, Eastern Europe would still receive a ton of money each year (even though I think payments to Eastern Europe should be phased out over the next decades, so that more money remains in the pockets of the current net-payers again). At some point, Eastern Europe needs to stand on their own feet financially again, without being propped up by our money.