I suspect that rather than hard cash, next year Poland will be paid the equivalent sum in VW Polo's, (diesel natch).
Eurozone in trouble.
- Thread starter Mottie
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I suspect that rather than hard cash, next year Poland will be paid the equivalent sum in VW Polo's, (diesel natch).
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I think you'd do better to stop now.
Gerrymandering statistics doesn't help your case, there are 28 countries in the EU as far as I know.
You have only quoted figures for10 countries , why have you left out the figures for the other 18 member states.
I said in my original post that most countries in the EU don't have to pay to gain access to the single market so why should the UK have to pay to play or any other country for that matter.
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Hahaha
As I pointed out both in relative and absolute terms they are not a strain on the UK, also your claim that the EU contributons to Poland let them reduce their pension age is PURE RUBBISH.
They all pay to gain access to the EU dumbo, the net contribution can become positive for some due to money invested by the EU.
You really have shown you have no clue.
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Currency fluctuations are caused more by perceptions than reality sometimes.
The pound can be up one day then plummet the next day and rise again all on the same day.
It isn't actually Brexit that causes currency instability because Brexit hasn't happened yet.
What spooks the markets and encourages the speculators is that what should be a straight forward process is being constantly undermined by self serving politicians who are causing chaos.
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Why?, exposure doesn't count? what's your reasoning behind that? we're all countries in the world effected by the financial crash? they weren't were they?
Net contributor ,net beneficiary, you don't really know the difference do you.
Use your head mate, if Poland wasn't getting billions a year from the EU they wouldn't be in the position to pay pensions at all never mind be able to reduce the pension age to 60 for woman and 65 for men, just like it used to be in the UK.
The wealthy Northern European countries give money to the EU , the EU then gives this money to Southern and Eastern European countries to help build up their countries because without it they would still be riding around on donkeys.
There is nothing wrong in principle with helping other countries but it shouldn't be to the detriment of your own country.
22 Jun 2016
£ to Euro: 1.31
(from a high of 1.42 when a remain vote appeared 'certain')
After the vote 1.16
2 months later 1.12
Long before this complicated mess began!
After that there have been minor fluctuations.
£ going up slightly if a deal is seen as likely and slightly down if not.
If Brexit were cancelled the pound would rally back to around it's pre referendum position.
Because the markets understand the economic benefits of being in the EU.
Where do think the pound will be if we leave with a no deal?
absolutely correct, but taking it a step further, by convincing the poorer countries to adopt the euro, their credit rating is enhanced, cheap loans, BMW's replace the donkeys, it's a win win, (for Germany).
Because you don't understand what you're talking about.
If Brexit were cancelled there could be a massive confrontation between the majority who voted to leave and those who undermined Brexit, how would that help Brexit?
1.05 or at worst parity, short term.
So when the UK was a net beneficiary and Germany was paying in, that was ok?
How about when all those builders headed off to Europe when there was no work in the UK, to the detriment of their local work forces. Was that ok?
Anyone who makes the argument about 'subsidising' another country being wrong fails to understand that when a country has got back onto it's feet it becomes a bigger market to trade with, and then becomes a net contributer.
Apart from the fact that raising everyone's living standards is the right thing to do!
One could as easily complain that the regions of the UK are subsidised to the detriment of the South.
But if you want an example of massive subsidies, then look no further than the UK corporate welfare - aka tax credits.
Currently running at £26bn a year!
So avoid the pattern the other extremists adopt on here of resorting to insults and try something different, prove me wrong.
Another reason the EU gives so much money to poorer states is that the EU is effectively buying the national sovereignty of these poorer states.
The EU claims all members are equal but if some of these states step out of line the EU threatens to stop their money .
Greece is a case in point.
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