> Home > Blog > EU News > Britain told to find extra £1.6bn a year to fund EU
>  Blog
Britain told to find extra £1.6bn a year to fund EU
Date 29/06/2011 17:09  Author webmaster  Hits 1201  Language Global
29 JUN 2011

British taxpayers will have to pay an extra £1.6billion a year towards funding the EU under a massive seven-year Brussels budget demand tabled by the European Commission today.

By Bruno Waterfield | The Telegraph

Despite national austerity measures, including a savage EU-IMF programme of cuts in Greece, The Daily Telegraph understands that a draft EU “multiannual financial framework” will increase spending by 12.5 per cent.

The rise, at over five times the EU rate of inflation, will take Britain's annual contribution to £13billion a year.

The move is a calculated snub to David Cameron's call for a Brussels spending freeze and fires the first shot in a looming budget war between Brussels and national governments led by Britain.

Under the plans, Britain will have to pay an extra £11.2billion in contributions to the EU between 2014 and 2020 at a time of painful national spending cuts and economic uncertainty.

The massive increase in spending would take the average British family's annual EU bill to £700, up an extra £113 during the most difficult economic time for a generation.

Read entire article