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Will the EU offer extension beyond 31st October?

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    #31
    Originally posted by NotAllThere View Post
    €9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.
    Indeed, but looking at where the 160bn (total gross revenue) comes from, 17bn is from VAT and tariffs, some of that can be attributed to the UK too (3bn from VAT)

    Furthermore, included in the 160bn is the UK's gross GNI contribution, 15bn, so saying that 9bn of 160bn is "peanuts" is comparing apples with oranges.

    Indeed you might say that the total GNI gross contributions are 101bn of which UK is 15bn and 15% is not trivial. But that "calculation" is as flawed as "9bn is nothing of 160bn".

    Net contribution is really the only way to compare, and the UK is 2nd, and that loss will hurt. If the French, Germans and Italians are willing to cover the gap, great, so they don't care if the UK is a member of the EU, so let us go.

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      #32
      Originally posted by BrilloPad View Post
      You think the UK will leave the EU by then?
      No, I now don't think we will, but at least the bar-bill is about to be slashed...
      His heart is in the right place - shame we can't say the same about his brain...

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        #33
        Originally posted by Platypus View Post
        Indeed, but looking at where the 160bn (total gross revenue) comes from, 17bn is from VAT and tariffs, some of that can be attributed to the UK too (3bn from VAT)

        Furthermore, included in the 160bn is the UK's gross GNI contribution, 15bn, so saying that 9bn of 160bn is "peanuts" is comparing apples with oranges.

        Indeed you might say that the total GNI gross contributions are 101bn of which UK is 15bn and 15% is not trivial. But that "calculation" is as flawed as "9bn is nothing of 160bn".

        Net contribution is really the only way to compare, and the UK is 2nd, and that loss will hurt. If the French, Germans and Italians are willing to cover the gap, great, so they don't care if the UK is a member of the EU, so let us go.
        But we knew that would not happen - because we all know that those in power in Brussels have the same motive - the continuation of the EU at all costs - and that will definitely mean they have to ensure that the UK suffers to deter others from thinking of anything other than 1 single european parliament.

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          #34
          Originally posted by BrilloPad View Post
          The UK has always been a pain. But pays handsomely. The EU will not want to lose that money. Even if Germany would happily fill the gap.
          https://www.bloomberg.com/news/artic...engine-falters

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            #35
            Originally posted by Platypus View Post
            Indeed, but looking at where the 160bn (total gross revenue) comes from, 17bn is from VAT and tariffs, some of that can be attributed to the UK too (3bn from VAT)

            Furthermore, included in the 160bn is the UK's gross GNI contribution, 15bn, so saying that 9bn of 160bn is "peanuts" is comparing apples with oranges.

            Indeed you might say that the total GNI gross contributions are 101bn of which UK is 15bn and 15% is not trivial. But that "calculation" is as flawed as "9bn is nothing of 160bn".

            Net contribution is really the only way to compare, and the UK is 2nd, and that loss will hurt. If the French, Germans and Italians are willing to cover the gap, great, so they don't care if the UK is a member of the EU, so let us go.
            What do you mean 'let us go'!? Last time I checked was the British government that couldn't agree on a deal or in the terms they want to leave!?
            "The boy who cried Sheep"

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