EU’s economy plunges by -15.3% because of Brexit, BEFORE Coronavirus

Latest GDP figures from EU make for shocking reading in Brussels and the EU27

The EU’s post-Brexit economy could tank by 30% this year

Yesterday, on Victory in Europe (VE) Day, the EU Commission published its GDP figures for 2019. They revealed the percentage which each member country allegedly contributed to the EU’s total GDP last year.

This publication forms yet another in the EU’s now-appalling series of official propaganda sheets this year. In this case the title was:

“Which EU countries had the highest GDP in 2019?”

This propaganda sheet was published via the EU’s official statistics agency which is called Eurostat – their equivalent of the UK’s Office for National Statistics. If the EU Commission were remotely interested in alerting its 447 million citizens to a massive drop of 15.3% in its economy, it completely failed to do so.

Brexit Facts4EU.Org Summary

Throughout 2019 the United Kingdom was a full member of the European Union
Once again, the EU Commission airbrushed the United Kingdom out of the picture entirely
The EU published a wholly misleading set of results
The real story is that the EU’s economy has fallen by 15.3% - BEFORE the effects of the Coronavirus recession

Here is how the EU WRONGLY reported its GDP results

Once again the EU Commission lied blatantly – below we present the reality

Please note that when we use the word "lied", we do so reluctantly but feel compelled more and more to do so by the EU's actions, when faced with official information which simply is not true.

Brexit Facts4EU.Org Summary

The truth about the EU’s economy last year

The EU’s percentages are all wrong
It does not matter that they put a little “Note” at the bottom of their publication
The facts are wholly inaccurate and thoroughly misleading

Here is the true picture for 2019 – using the EU’s own figures but including the UK, which was an EU member throughout that year.

The UK was the second-largest EU economy (above France)
15.34% of the EU’s total economy came from the UK
Last year the UK represented €2.52 TRILLION of the EU’s total economy
More than 1/7th of the EU’s economy has now gone – even BEFORE the effects of the COVID recession
Brexit is worse for the EU economy than 18 EU countries leaving at once

Observations

For years we have argued that the EU is fundamentally a totalitarian organisation at its heart.

Staffed by extremist ideologues who are not elected by popular mandate, it brooks no dissent, is not interested in the citizens of its member countries, and ruthlessly pursues its own agenda to create a superstate as quickly as possible.

In so doing it has always cut corners and been cavalier with the truth. Since the British people voted in 2016 to leave this sclerotic edifice, it seems that the extremists in the EU’s Politburo have thrown any normal sense of reality to the winds.

The peoples of the EU27 countries should be told the truth. They should see a report showing the reality last year, in 2019. The United Kingdom was the second-largest EU economy, contributing 15.34% to the EU’s total. The peoples of the EU27 should be told that the EU is now a significantly smaller place.

All indications are that the EU's combined GDP will fall by 15% this year because of the Coronavirus lock-downs on their own. To this will have to be added the 15% drop as a result of the UK leaving the EU, as we have shown. That's a very, very big hit indeed.

Deutschland Uber Alles

The classic definition of a monopoly used by economists was always the test of whether a business had 25% of its market.

Looking at the GDP figures for the EU27 (without the UK) published yesterday, Germany is now at 24.7%. Given the massive impact which the Coronavirus lock-downs are having on the Club Med and smaller members of the EU, we are certain that the EU’s 2020 GDP figures will show Germany having more than 25% of the EU’s total economy.

This is not healthy for the EU and neither – we suggest – is it healthy for Germany.

We hope that the citizens of the other 26 countries of the EU take note. If they are ever told, of course…..

It's Saturday and we've had a hard week. We really wish we could all go back fully to our day jobs, but sadly it seems we still need to fight the battle for free speech and a free and fully-independent United Kingdom. Let's face it, where else did you read the important information above? Nowhere.

If you can spare something today to keep us going, we would be very grateful and you will receive a nice email from a member of our team. Your information is always confidential unless you tell us that you don't mind us crediting you. Quick and secure donation methods are below. Thank you so much.

[ Sources: EU Commission official statistics agency | xxxxxxx ] Politicians and journalists can contact us for details, as ever.

Brexit Facts4EU.Org, Sat 09 May 2020

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Reader Comments 15

1. Brian T , Saturday, May 09, 2020, 06:45:

Buy British only.

2. Sue W , Saturday, May 09, 2020, 06:50:

MY heart bleeds...👍🏻🤔😂

3. Keith , Saturday, May 09, 2020, 07:04:

We are still paying in

4. Andrew T , Saturday, May 09, 2020, 07:36:

Keith, yes until the end of the transition period.
Imports from EU members has dropped considerably even before the lockdown though.

5. Abbie L , Saturday, May 09, 2020, 07:45:

GOOD -That is what they said the UK would suffer 5 years of lies now they can have a taste of the medicine they said we would have to take .
We may have to face with the hardship this virus as brought upon us in cureand cost but without the EU taking out of out pot we may make it.
I will not buy EU goods.

6. Concerned , Saturday, May 09, 2020, 07:52:

1. Brian T, as you aware it is not always possible to buy British, especially if you buy over the web. Even 'familiar' named products when they arrive on one's doorstep have stuff like made in 'PRC', 'China' and I even saw on a Kitchen ware product 'Made to our exact specifications in China'............
What do you do then? Return the product, because it is a British product name, but made in China?
Don't get me wrong, I fully am behind your sentiment 'Buy British', I also try to buy only produce made here in Switzerland.

7. Sydney Ashurst , Saturday, May 09, 2020, 10:00:

A hangover from VE Day - The Russian viewpoint.
In a wide-ranging interview, Russian Ambassador to the EU, Vladimir Chizhov, discussed Victory Day, Russia’s relations with its wartime allies, conspiracy theories about COVID-19, sanctions, disinformation and more.
First of all, I am sure this is a big anniversary not only for Russia but for all those who remember what happened 75 years ago. Regardless of when exactly Victory Day is celebrated, for some European countries, it is 8 May, but it so happened that the act of capitulation of Nazi Germany was signed at around 11 p.m. CET, which was already 1 a.m. in Moscow. This year was supposed not only to mark 75 years – an important figure in itself – but the fact that it may be the last such anniversary which the remaining veterans of the Great Patriotic War would be able to attend. There are not many of them left, and those still with us are almost all over 90.
So not even the coronavirus can diminish the significance of the upcoming Victory Day. Neither will certain ill-willed attempts to downplay the role of the Soviet Union that contributed 27 million lives for this victory to take place.

8. Not4EU, London , Saturday, May 09, 2020, 13:11:

Typical of the EU to retain the favourable part of the equation when they make 'adjustments'.
They display the GDP of 28 members but apportion the 'credit' between 27 members, omitting one. If they really intended to be transparent, the UK's 'contribution to GDP' should also have been removed from the GDP side. They really are treating the people of the 27 member states as stupid sheep. Let's hope that they wake up soon.
Similarly, as shown on on previous Facts4EU articles, the EU includes the UK element where it is beneficial for them to do so. For example, 'aid' or in trade negotiations - like with Australia. Nearly 50% of 'EU Trade' is actually with the UK, which is no longer a full member https://facts4eu.org/articl...
Nothing but a bunch of con artists.

9. Patricia D L , Saturday, May 09, 2020, 15:23:

Well it will be worse with the Corona Virus. I still think the Uk will bounce back after both.

10. Rotin , Sunday, May 10, 2020, 05:31:

Why do you want the UK figures to continue to be shown in EU statistics?. England won the referendum and the EU27 have moved on . Get over it.
It's time to find someone else to blame after once more becoming 'the sick man of Europe'.

15 comments, page 1 of 2

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