What did the EU ever do for the United Kingdom? Merkel will retire happy when the report reveals the bloc’s treatment of her.
THE BAD DEAL Britain obtained from Brussels has been exposed in a new analysis that highlights the disparities between the UK’s financial treatment in 2020 and that of other nations, such as Germany.
Facts4EU, a pro-Brexit think tank, compared the net financial worth of EU27 nations and Britain using data from Eurostat, the bloc’s statistics division, and the Office for National Statistics in the UK. The difference between a country’s financial assets and liabilities is its net financial worth.
When compared to the other 27 member states, the United Kingdom ranks seventh lowest in terms of the financial benefits of membership.
The analysis from Facts4EU concludes, “The United Kingdom finally exited the European Union by the end of 2020.”
“Of course, the UK left half of it behind (Northern Ireland), and it is still tied by a highly inappropriate ‘Withdrawal Agreement’ and a deeply unsatisfactory ‘Trade and Cooperation Agreement.’
“And it still has to face the humiliation of being assessed by the highly politicized European Court of Justice, which it does not have any representation on.”
“It so seems appropriate to begin posing the question: ‘What did the UK get out of 47 years of EU membership?” it emphasizes.
“As previously noted, there are numerous approaches to analyzing a country’s financial performance.”
“It is apparent that the UK scored poorly on the basis of net financial value, notably in compared to Germany.
“In reality, out of 28 member countries, the United Kingdom came in seventh worst.”
“Being in the EU didn’t do the UK economy any favors,” said Leigh Evans, editor-in-chief of Facts4EU.
“After 47 years in the European Union, the United Kingdom left on December 31, 2020 with a net financial worth about three times that of Germany. (In proportion to the size of the economy of each country.)
“By practically any measure you care to use, Germany has done remarkably well out of its place in the EU,” he added, referring to German Chancellor Angela Merkel.
“Angela will be completely satisfied when she retires in a few months.
“Now that Britain has left the EU, it can finally play to its strengths.
“If the UK government does not put us at a disadvantage by raising taxes to pay for everything from the ground up.” Brinkwire Summary News”.