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EU2020 Strategy misses the point, leads to economic chaos
Date 19/05/2010 21:22  Author webmaster  Hits 2142  Language Global
 VIDEO
• The EU's 2020 Strategy "misses the point," UKIP MEP Lord Dartmouth said today in the Strasbourg Hemicycle.
 
"By 2020, the EU will have become a 'transfer union', which transfers money from 12 contributing countries to 23 subsidised countries," he told Euro-Parliamentarians debating the EU's 10-year central economic plan.
 
"Unfortunately and unfairly, the UK taxpayer is caught up in this. The comparatively impoverished UK is the second largest contributor to the EU budget," he said.


 "Under enlargement, by 2020, five new countries will have joined the EU, and more likely, eight. Already in the EU of 2010, 12 countries are net contributors to the EU. The other 15 member states are subsidised... None of the new countries are likely to be contributors."
 
"By 2020 the gap will be unbridgable," Lord Dartmouth warned.

He pointed out that when in the last elections in Germany the voters of North Rhine-Westphalia voted against their coalition, they "were also saying 'no' to the transfer union."
 
"Voters in other contributing countries will also say 'no' in the next ten years," he added.
 
"It is not in the UK's national interest for there to be economic chaos across the Channel, but unless enlargement stops forthwith, economic chaos is what there will be," Lord Dartmouth said in his concluding remarks.
 

Full transcript:

The 2020 strategy says lots of interesting things. But under enlargement, by 2020, five new countries will have joined the EU, and more likely, eight.
 
Already in the EU of 2010, 12 countries are net contributors to the EU. The other 15 member states are subsidised.
 
Now, none of the new countries are likely to be contributors. In 2020, therefore, there are likely to be no less than 23 countries being subsidised.
 
By 2020, therefore, the EU will have become in practice, a  transfer union, which transfers money from 12 contributing countries to 23 subsidised countries.
 
Unfortunately and unfairly, the UK taxpayer is caught up in this. The comparatively impoverished UK is the second largest contributor to the EU budget.
 
In the last provincial elections in Germany, the voters of North Rhine-Westphalia said 'no' to their coalition, and were also saying 'no' to the transfer union. Voters in other contributing countries will also say 'no' in the next ten years.
 
By 2020 the gap will be unbridgable. Now, it is not in the UK's national interest for there to be economic chaos across the Channel, but unless enlargement stops forthwith, economic chaos is what there will be.
 
The 2020 Strategy, therefore, misses the point.
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