UK ordered to pay extra €2.1bn into European Union budget by
Posted: Thu Oct 23, 2014 10:38 pmUK ordered to pay extra €2.1bn into European Union budget by December
Tories and Ukip condemn Brussels demand after EU statistics agency exposes major discrepancy in contribution calculations
Britain has been told that it must pay an additional €2.1bn (£1.7bn) into the European Union budget by the end of next month in an ultimatum certain to be used against David Cameron by the growing camp urging the UK to quit the EU.
British and European Commission officials confirmed on Thursday evening that the Treasury had been informed last week that budget contribution calculations based on gross national income adjustments carried out by Eurostat, the EU statistics agency, had exposed a massive discrepancy between what the UK had been asked to contribute and what it should be paying, because the UK economy was doing much better relative to other European economies.
The bombshell, first reported by the Financial Times, was dropped into the middle of an EU summit in Brussels where David Cameron and 27 other leaders were mired in difficult negotiations over climate-change policy and attempts to agree big reductions in greenhouse gas emissions by 2030.
http://www.theguardian.com/world/2014/o ... ntribution
Cameron 'worried' about state of European economies
http://www.euractiv.com/video/cameron-w ... ies-309446
Tories and Ukip condemn Brussels demand after EU statistics agency exposes major discrepancy in contribution calculations
Britain has been told that it must pay an additional €2.1bn (£1.7bn) into the European Union budget by the end of next month in an ultimatum certain to be used against David Cameron by the growing camp urging the UK to quit the EU.
British and European Commission officials confirmed on Thursday evening that the Treasury had been informed last week that budget contribution calculations based on gross national income adjustments carried out by Eurostat, the EU statistics agency, had exposed a massive discrepancy between what the UK had been asked to contribute and what it should be paying, because the UK economy was doing much better relative to other European economies.
The bombshell, first reported by the Financial Times, was dropped into the middle of an EU summit in Brussels where David Cameron and 27 other leaders were mired in difficult negotiations over climate-change policy and attempts to agree big reductions in greenhouse gas emissions by 2030.
http://www.theguardian.com/world/2014/o ... ntribution
Cameron 'worried' about state of European economies
http://www.euractiv.com/video/cameron-w ... ies-309446