BREAKING BRITANNIA NEWS
The Brussels bloc will fight to come to an agreement on which nations will be forced to up their financial contributions to the EU funding once the UK will’ve officially ceased paying in at the end of Brexit trade talks. Former Brexit Party MEP Michael Heaver claimed EU member countries are already rejecting the idea of having to”pump more billions” into the European job to compensate for the missing huge contribution made so far from the united kingdom. Talking to his former aide at the European Parliament Martin Daubney, he said:”During my period as an former MEP – God that feels good stating I had been on the Budgetary Control Committee. The European Union is really world-class at one thing: investing dosh.
“The fact that you’ve got these disco ball, bottomless night bar, based on Joe Barnes in the Daily Express, in precisely the same time that the EU is seeking to increase budgets, increase abilities, of course, while losing the UK as a huge financial contributor.
“I actually believe the financial element of the European Union will cause huge issues .
“Since you have already got now a narrative up from Holland of the Dutch PM Mark Rutte saying that Holland doesn’t intend to contribute more money to the EU budget in the next several years.
“Well guys, it’s pretty straightforward, is not it? It’s simple maths. If the UK is leaving and EU budgets will go up, somebody is going to have to ditch the money up.
“And guess what? Governments aren’t likely to be too keen on pumping billions into this EU project.
“I think that’s where this debate is heading right across the continent: who the hell is financing this?”
Brexit has thrown fiscal planning into the chaos with Britain’s departure leaving an annual hole of roughly $12 billion at the EU’s coffers and wealthier nations fear being strong-armed into making up the shortfall.
It leaves Mr Michel confronting a stand-off between members countries that are looking to maintain their participation to the EU’s coffers widely at current levels despite Brexit and those who think the bloc needs to invest much more.
At least 18 person meetings with EU leaders had been scheduled this week which Mr Michel predicted from the hope of attempting to forge a compromise between the opposing factions.
A”frugal group” of four net-payers led by Dutch Prime Minister Mark Rutte insists that the new fiscal plan, especially given Britain’s departure, should remain secure at 1 percent of the bloc’s gross national income (GNI).
Many of them are pushing to get a seven-year budget of $1.135 trillion which piles up at 1.11 percentage of the EU’s GNI.
Germany and France, who will be responsible for a projected 42 percentage of the general national donations under the European Commission’s funding proposal, are trying to distance themselves from the spat although Angela Merkel has called for a 1 percent budget cap while Emmanuel Macron would like to splash the cash.
EU chiefs despise members being branded net payers and net recipients and insist everyone gain in the bloc’s budget however, the cohesion and frugal camps are equally digging their heels .
Portuguese Prime Minister António Costa, who’s taken on a leading role in the Friends of Cohesion, stated:”We want a budget that is equivalent to European ambition which allows us to respond to the legitimate expectations of taxpayers.
Austrian Chancellor Sebastian Kurz emphasized his continuing frugal position.
He said:”We must use taxpayers’ money carefully and carefully.”
Regardless of the split, Mr Michel and his staff insist that a deal could nevertheless be achieved at a specially-convened February 20 budget summit.
TODAYS BREAKING NEWS
- US Press Secretary destroys the Fake News Media – Trump doesn’t agree with BLM organisation saying “Pigs in a blanket, fry ’em like bacon”White House press secretary Kayleigh McEnany explained to the media why President Trump considers the Black Lives Matter organization a “symbol of hate” — from inciting violence with chants like…
- CRISIS – French handover 40 illegal migrants to British Border Force in the English Channel.This morning we got reports around about 4 am that a Border Force cutter went out to patrol the English Channel alongside a search plane that was sent from Doncaster….
- VIDEO – Brexit Discussion: “The EU is going to have to accept that if we are not a member state, then they cannot have the same sort of access to UK waters when we were a member state.”With the EU negotiations heating up, and with time running out to find a deal, Anand Menon, King’s College London professor of European politics and foreign affairs highlighted how the…
- EU fishermen beg UK government for mercy, as they seek unrestricted access into fishing waters along with same quotas.It’s plain to see that the UK fishermen voted to leave, to take back control of British waters. One of the significant factors to leave the EU was down to…
- A century old George Washington statue pulled down, destroyed and desecrated by AntifaShocking footage has been posted on social media of a statue that was pulled down overnight in Portland, USA. The statue of George Washington was pulled over by Antifa and…