MAJOR ISSUES BULLETIN
 
 

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DID YOU KNOW?

 

NO 3-Net Contribution to the EU

 

COST OF EU TO UK TAXPAYERS 125 BILLION A YEAR BY 1012

[Surely we need this wasted resource in order to help us out of our of recession.]

The most immediate and obvious benefit of withdrawal would, of course, be the saving of Britain's annual net contribution to the EU BUDGET (over 7BILLION in 2007).

The cost of over regulation has been put at a massive 26 BILLION

Although difficult to calculate with precision, the opportunity costs of membership 1.e. the cost of missing out on economic opportunities by virtue of EU membership are also HUGE.

Ian Miln has suggested by 2013 these could rise to 12.5 % of GDP resulting in an opportunity COST in that year of

125 BILLION ANNUALLY at 2004 VALUES.

Gerard Batten, the UKIP MEP has recently calculated that in all the total annual net cost of Britain's membership of the EU is

50 BILLION

Staunching the flow of British money to the EU would permit resources to be used more productively than at present and would enable a future BRITISH GOVERNMENT to reduce the MOUNTAINS OF DEBT now BEING BUILT UP.

It is only necessary to list the sums involved and purposes for which they are being SPENT to recognise that on COST GROUNDS ALONE the case for heading RAPIDLY for the EU EXIT DOOR is growing STRONGER as the FINANCIAL and ECONOMIC STORM clouds grow DARKER.

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eurofacts 28th November,2008

eurofacts@junepress.com

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WARNING FROM OUR MAN IN WASHINGTON IN 1996 -EURO DOOMED TO FAILURE

www.worldreports.org

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DECEMBER-2008

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