Want to rejoin the EU? Take a look at the soaring costs

Part One – The rocketing EU expenditure from 2000-2021

Montage © Facts4EU.Org 2023

Facts4EU analyses and summarises just how expensive this monolithic structure now is

As the unelected EU Commission has spread its tentacles into more and more aspects of the EU’s citizens’ lives, so have the costs increased. The budget for the current period is a massive €1.2 trillion (over £1 trillion GBP) – and this does not include all the new borrowing.

Below Facts4EU presents a simple ‘at-a-glance’ chart, revealing the EU Commission’s annual spending this century, using the Commission’s own figures. The data runs from 2000-2021.

It should be pointed out that the UK is still paying for part of this, thanks to the ‘Divorce Bill’ which was erroneously agreed to by Theresa May, with no basis in law.

Brexit Facts4EU.Org Summary

EU Commission annual expenditure 2000-2021

(Excludes 'off-budget' payments)

2000 : €83.45 bn
2021 : €228.0 bn (+173%)

[Source : EU Commission data, current prices, accessed 08 May 2023.]

In the year after we left, the spending leapt by 32%

And that’s not all…

Important caveat : As we have pointed out many times before, the EU has an official budget and then it has significant items which are “off-the-books” and which do not appear in the official budget expenditure.

In short, the above chart gives an indication of the rise in EU spending, but it does not tell the whole story. Even without all these “extras” it can be seen just how much the EU Commission has managed to increase its nominal budget this century.

The British people paid for over one-eighth of the EU27’s budget.

The BBC has a £3.7 BILLION budget this year
The UK’s Rejoiner-Globalists have received over £3.5m in foreign funding

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The EU’s most recent budget has exploded

In 2020 the EU Commission developed what it refers to as a “stimulus package” worth a staggering €2.02 trillion in today’s prices. It consists of the EU’s long-term budget for 2021-2027 of €1.21 trillion, topped up by €806.9 billion through something they call ‘NextGenerationEU’.

This is a means of increasing the Commission’s overall budget, and is alleged to be a temporary instrument to power the recovery from Covid-19 lockdowns. It is all funded by borrowing on the world’s money markets, racking up debts for every EU country. Previously the Commission had not been allowed to borrow.

The EU sets the limits of its spending in the multiannual financial framework (MFF) : the EU’s long-term budget for the next 7 years. The 2021–2027 long-term budget or MFF of €1.21 trillion plus the borrowing of €806.9 billion is spent by the unelected EU Commission.

They have the power to withhold payments from this budget to the elected governments of member countries which they deem to be misbehaving.

Observations

Any analysis of EU funding is fraught with complications, as we have found out over many years. The Commission does not make it easy to produce a simple set of figures with which to tell a story to the ordinary voter.

It must not be forgotten that the UK is continuing to pay into the EU budget, and will continue doing so until 2064. This is thanks to the appalling behaviour of Theresa May and her Remainer Civil Servants who agreed to this.

In future reports we will show how the EU Commission is spending these vast amounts of money. We will also look at the breathtaking cost if the United Kingdom were to rejoin the European Union.

We must get reports like this out there

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[ Sources: EU Commission ] Politicians and journalists can contact us for details, as ever.

Brexit Facts4EU.Org, Mon 08 May 2023

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Reader Comments 8

1. Sparky , Monday, May 08, 2023, 07:04:

I’m not even going to bother comparing stats. Govt expenditure around the world increased massively in recent years due to Covid and support given.
As for blaming remainers for still paying into the EU, this is the divorce bill that Johnson (slang version) said that the EU could whistle for. This is one of the arrears where Brexit overpromissied and underdelivered.
Brexitears will be blaming someone else for years for not delivering a “true” Brexit, a Brexit that was not achievable.
As for rejoining, not for a generation of two, we won’t get the rebate and will have to adopt the Euro, still too much division over Brexit.

2. Captain Thunderbolt , Monday, May 08, 2023, 07:40:

Sparky , Monday, May 08, 2023, 08:04:
I’m not even going to bother comparing stats. Govt expenditure around the world increased massively in recent years due to Covid and support given.
-
You are missing the point, the EU I not nation state it’s revenue was originally derived from member nation membership fees.
All this additional borrowing has to be repaid by someone and that’s the taxpayer from member nations
The EC is not on the hook for it is it. Glad the UK is out of that mess in the future

3. terence patrick hewett , Monday, May 08, 2023, 08:50:

Wanting to rejoin the EU is not an economic position, it is a political position, which somehow never gets mentioned by EU enthusiasts. Many people of course, regard it as a disease.

4. David , Monday, May 08, 2023, 10:19:

Conversely leaving the EU was a political decision where EU enthusiasts only state trade as reason for leaving

5. Catherine , Monday, May 08, 2023, 10:20:

@1 Sparky. He doesn't seem to have read let alone understood the article. As Capt. Thunderbolt said, the EU is not a nation state.
The EU's inept interference might be seeing some lively repercussions in the next few weeks.

6. NH , Monday, May 08, 2023, 10:59:

I think Sparky makes a good point. UK Governments, of all parties, have been useless at negotiating with Europe and they have often been manipulated. When Tony Blair was negotiating with Europe he stated "The UK has paid 35 times more into Europe than France and we will not be paying any more". His negotiations seemed to last 5 minutes before he caved in. There were allegations that the EU manipulated him by suggesting he would be ideal for a top European position. We can not be sure what happened in these negotiations as details have never been released. Is it possible that politicians and civil servants could put their own interests before those of the country ?
.
The amount of money we are now talking about is eye watering. The latest accounts show a balance sheet of Euro 7995 Billion with Euro 3988 Billion for Monetary Operations. This is just transferring risks and costs between nations with more stable countries (eg UK if we rejoined) picking up the costs. The ECB is claiming the asset purchase programs, emergency purchase programs etc are different to the EU Bond purchase programs, which are additional to the above figures, as they are on National Balance sheets. They ignore the fact in practice these two will be linked.
.
The present estimates, based on past contributions and present French contributions, of the UK rejoining the EU would be over £1000 per UK household and this cost would rise each year. On top of this we would be liable to unlimited costs and as the rejoiners have no negotiating power we would not have any vetos. If the rejoiners accept that the UK must remain a democratic country they must also explain what the cost and disruption of exiting the Euro would be. Should a future electorate wish to do so.

7. Gazzablack , Monday, May 08, 2023, 12:24:

1, More revisionist history from Sparky Mcsparkface ( slang version)
.
It was May not Johnson (Ukrainian for faithful friend) that agreed to the divorce bill.
.
.
Meanwhile in the EU
Following the post-Brexit reduction in Irish fishing quotas from the EU, 57 boats have been sacrificed as part of a voluntary decommissioning scheme.
But only 3 of the 57 have actually been paid out

8. Ashley Great Britain , Tuesday, May 09, 2023, 10:28:

7 gazzablack.
No worries. British fishermen were paid by the EU with British money to destroy their boats. Thus allowing EU fleets a further claim to British waters. 57 Irish boats is just the beginning and very much deserved.

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