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Britain’s exit from the EU will cost Germany billions: EU report
TheLocal.de ^ | 10 November 2017 10:16 CET+01:00 | DPA/The Local

Posted on 11/10/2017 10:31:04 AM PST by Olog-hai

According to a study by the EU, which has been published by the Funke Mediengruppe, Germany will have to increase its contribution to the EU budget by €3.8 billion annually after the UK leaves.

The additional costs will add up to a 16 percent increase in Germany’s annual contribution to EU finances, the report predicts.

“Brexit doesn’t just increase the financial weight on the other 27 EU members; it also changes how the contributions will be divided up,” the report continues.

Germany, along with the Netherlands and Sweden currently benefits from a reduction in its contributions, which were agreed along with the UK rebate in 1984. With the UK leaving the EU, this rebate for Germany will cease to exist. …

(Excerpt) Read more at thelocal.de ...


TOPICS: Business/Economy; Foreign Affairs; Germany; United Kingdom
KEYWORDS: boohoo; brexit; eurabia; eussr; germany; germanybrexit; socialmarketeconomy; uk

1 posted on 11/10/2017 10:31:05 AM PST by Olog-hai
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To: Olog-hai

Pay up Hans.


2 posted on 11/10/2017 10:32:08 AM PST by C19fan
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To: Olog-hai

That’s a shame.


3 posted on 11/10/2017 10:34:17 AM PST by Principled (OMG I'm so tired of all this winning...)
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To: Olog-hai

Luv it.


4 posted on 11/10/2017 10:36:13 AM PST by mimaw
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To: Olog-hai
I don't suppose reducing expenditures is on the table?

Silly me.

5 posted on 11/10/2017 10:41:29 AM PST by Billthedrill
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To: Olog-hai

Time to dust off those Operation Sea Lion plans, Chancellor Merkel.


6 posted on 11/10/2017 10:47:14 AM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Olog-hai

They say that like it’s a bad thing.


7 posted on 11/10/2017 10:48:35 AM PST by jjotto ("Ya could look it up!")
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To: Olog-hai

One might assume that the solidarity tax will now live on, instead of ending in 2019. The idea of trimming the EU budget? Absolutely hopeless.


8 posted on 11/10/2017 10:48:54 AM PST by pepsionice
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To: Olog-hai

With all the new highly skilled, educated, hard working new immigrants to Germany, the German economy is moving forward on steroids. They will have no problem funding a little extra with that massive GDP increase they are seeing.


9 posted on 11/10/2017 10:54:24 AM PST by rigelkentaurus
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To: Olog-hai

I would feel sorry for them except for the fact they reelected Merkel. That being the case they deserve everything coming to them. I do feel bad for those that voted against Merkel though.


10 posted on 11/10/2017 10:55:01 AM PST by Robert DeLong
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To: Olog-hai
Let me see if I understand this correctly.

The EU is a brilliant idea which benefits everybody in the EU when the EU is made up of 28 countries.

But if the EU is only made up of 27 countries, then the idea becomes very burdensome on the Germans?

There's something very wrong with this picture.

11 posted on 11/10/2017 11:04:37 AM PST by William Tell
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To: Olog-hai

Germany will have to increase its contribution to the EU budget by €3.8 billion annually after the UK leaves

No big deal, just Raise Taxes and Import more muslim immigrants


12 posted on 11/10/2017 11:18:55 AM PST by eyeamok (Tolerance: The virtue of having a belief in Nothing!)
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To: Olog-hai

The only reason for this is the stupid financial structure of the EU, and not merely due to the U.K. exit.

If the EU was ONLY a total free trade union and not trying to be the new European empire, the Brexit would not be so costly to anyone but the U.K. and that only if the EU members wanted to get protectionist against an independent U.K.


13 posted on 11/10/2017 11:45:40 AM PST by Wuli
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To: Olog-hai

Ha ha ha


14 posted on 11/10/2017 11:53:01 AM PST by rrrod (just an old guy with a gun in his pocket.6l)
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To: Olog-hai

I guess it never dawned on them to decrease spending. Sound familiar?


15 posted on 11/10/2017 12:12:06 PM PST by ataDude (.)
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To: Olog-hai
Mein Gott... alles kaputt!!!
16 posted on 11/10/2017 3:56:17 PM PST by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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