We've spent weeks wading through enormous numbers of documents and tables from the EU, trying to work out the true cost of this organisation. Sorry, but the EU bureaucrats make it impossible, and they rarely produce summaries that normal people like us (and you) can understand.
1. We can tell you that the EU says its budget for 2016 is €155 billion
. This was adopted on 25 November 2015, when the European Parliament confirmed the agreement. The European Parliament is the one which was elected in May 2014 when only a third of us (35.6%) voted.
2. This is only the notional cost of the EU government
on top of the normal costs of running each country, which are accounted for separately by the governments of each country.
3. The EU excludes so many things from its figures, we know the true cost is much higher
. We just don't yet know by how much. For example the EU has just agreed to pay Turkey €6 billion, and Mr Cameron has agreed to pay our share of this, estimated to be around half a billion euros for the UK
“The economic costs of corruption in the EU were estimated by a study conducted for the Commission to amount to approximately 120 billion Euros a year
(the equivalent of 1% of the EU GDP)," says the EU Commission Press Release.
5. It goes on to say: "Corruption in the area of public procurement is a clear barrier to competition in the internal market
. Studies have shown that about 20 to 25% of the public contracts’ value is lost to corruption
The Failing EU Is Out Of Control - This Is Not a Safe Club To Be A Member Of
[Sources: EU Council website EU budget for 2016. EU Commission Press Release MEMO/12/105. EU Parliament website, 2014 elections.]