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David Cameron attacks 'ludicrous' EU budget


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David Cameron has attacked a 'ludicrous' proposed rise in the EU budget in advance of talks with German Chancellor Angela Merkel.

The leaders are due to discuss the issue at Downing Street later.

Mr Cameron has indicated he wants a freeze and he is under pressure from some in his party to campaign for a reduction in real terms.

Germany has indicated it is sympathetic to the UK's arguments but says some rise is necessary

If no agreement is reached by the end of next year the 2013 budget will be rolled into 2014 with a 2% rise to account for inflation.

http://www.bbc.co.uk/news/uk-politics-20232496

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"EU Budget Fails Corruption Audit For the 16th Year In A Row"

"Let's just remember excessive and fraudulent government spending isn't just a problem limited to Greece or Ireland.

The European Union's cohesion policy, whereby wealthier members subsidize development of less wealthy nations, has failed to achieve a clean bill of health from auditors for the 16th year in a row:"

"In EU new member state Romania, journalists have uncovered that two cross-border centres funded with over €840,000 are actually being used by regional authorities for private parties and weddings."

link :- http://www.businessinsider.com/auditors-warn-of-corruption-in-eu-spending-for-the-16th-year-in-a-row-2010-11

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it just shows how out of touch the EU is, how can they even contemplate a rise in the EU budget, when headlines read - Greek Prime Minister Antonis Samaras has pleaded with politicians to vote through a fresh round of austerity measures crucial to securing the country's next round of bailout funds. Parliament will vote later on 13.5bn euros ($17.3bn; £10.5bn) of measures, including tax rises and pension cuts. 25% unemployment in Both Spain and Greece, the Spanish government are also enforcing budget cuts.

The UK should veto the lot and then when the EU rises the budget by 2% we simply dont pay the increase and let them try and get the money. they'll attack the rebate but let them, because then we'll step it up and stop all contributions. and if they want to take us on let them - we'll take them to court, they stand no chance of winning. they haven't had their Budget passed - yet again they fail the audit for 17 years on the run. any one else would be prosecuted for failing to have their accounts signed off for three years, the EU 17 years. it really is unbelievable.

The UK needs to hold a referendum and then repeal that 1970's act which would render everything there after void and we'd leave in an instant. never mind the EU 2 year process. The EU is not for the UK, let those who want to be members carry on and good luck to them.

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The Germans sympathise with the British in this case.

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The Germans sympathise with the British in this case.

Yes but only because Merkel is kissing ass to Support the German agenda again.

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anyone seen the news - Greeks protesting tonight - the way the EU is being run there is real danger, no, dire consequences of civil unrest right across the eurozone. how long before the scenes are repeated in Italy and spain it wont be long.

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anyone seen the news - Greeks protesting tonight - the way the EU is being run there is real danger, no, dire consequences of civil unrest right across the eurozone. how long before the scenes are repeated in Italy and spain it wont be long.

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good luck to them .people own countrys not goverments .

take the power back :)

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Well the Greek Parliament passed the EU austerity measures. it narrowly got passed, The Greek Prime Minister, Antonis Samaras, spoke of putting a smile back on Greek faces. There are many reasons to be cautious, however.

  • Greece is heading for its sixth year of recession
  • the latest measures, which will see salaries and pensions cut, will only weaken the economy further - if the past is a guide
  • the governing coalition is weak and fraying
  • implementation will be difficult. One MP last night called on the people to "disobey the measures". The strikes and protests will continue
  • the country's debt levels are unsustainable. Debt is expected to reach 190% of GDP next year. The target agreed by the IMF - 120% by 2020 - is out of reach
  • Greece will almost certainly need some kind of refinancing and that will test the German taxpayers once more.

Yet again time is being bought. One former Greek minister told me that the country was surviving on Angela Merkel's instinctive caution. She fears - particularly in a German election year - the uncertainty of Greece leaving the euro. So the country that has seen its economy shrink by 23% remains on life support.

Earlier on Wednesday, tens of thousands of protesters held a rally in Syntagma Square - outside the parliament building in the heart of the capital. The protesters chanted: "People - don't bow your heads!" Some in the crowd held giant flags of Greece, Portugal, Italy and Spain - four of the eurozone's most heavily-indebted states.

the whole thing is now starting to affect the German economy. with the headlines 'German economic data is a 'catastrophe', its now clear the poor southern states are destined for a long drawn out recession, its now evident, the eurozone is more likely to collapse than survive. the UK needs to jettison ASAP. in 1973 we made the mistake of doing the dirt on our friends. we dropped the Anglosphere - in order to join the EU or EEC, as it was known then, we damaged our relations with most of the English speaking world damaged just look at New Zealand, Australia as a snapshot.

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Well the Greek Parliament passed the EU austerity measures. it narrowly got passed, The Greek Prime Minister, Antonis Samaras, spoke of putting a smile back on Greek faces. There are many reasons to be cautious, however.

  • Greece is heading for its sixth year of recession
  • the latest measures, which will see salaries and pensions cut, will only weaken the economy further - if the past is a guide
  • the governing coalition is weak and fraying
  • implementation will be difficult. One MP last night called on the people to "disobey the measures". The strikes and protests will continue
  • the country's debt levels are unsustainable. Debt is expected to reach 190% of GDP next year. The target agreed by the IMF - 120% by 2020 - is out of reach
  • Greece will almost certainly need some kind of refinancing and that will test the German taxpayers once more.

Yet again time is being bought. One former Greek minister told me that the country was surviving on Angela Merkel's instinctive caution. She fears - particularly in a German election year - the uncertainty of Greece leaving the euro. So the country that has seen its economy shrink by 23% remains on life support.

Earlier on Wednesday, tens of thousands of protesters held a rally in Syntagma Square - outside the parliament building in the heart of the capital. The protesters chanted: "People - don't bow your heads!" Some in the crowd held giant flags of Greece, Portugal, Italy and Spain - four of the eurozone's most heavily-indebted states.

the whole thing is now starting to affect the German economy. with the headlines 'German economic data is a 'catastrophe', its now clear the poor southern states are destined for a long drawn out recession, its now evident, the eurozone is more likely to collapse than survive. the UK needs to jettison ASAP. in 1973 we made the mistake of doing the dirt on our friends. we dropped the Anglosphere - in order to join the EU or EEC, as it was known then, we damaged our relations with most of the English speaking world damaged just look at New Zealand, Australia as a snapshot.

Yes, we should ditch as fast as possible,maybe the EU should be renamed the Titanic,it's going down nearly as fast.Wall Street took an absolute hammering yesterday because of this.

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Yes, we should ditch as fast as possible,maybe the EU should be renamed the Titanic,it's going down nearly as fast.Wall Street took an absolute hammering yesterday because of this.

the EU as become the number one concern to world wide growth affecting all the major markets. The UK as been limiting its exposure to the eurozone over the last four years, but i fear the whole thing will collapse before we have time to reduce our exposure to the desired level.

its clear Greece is finished. they should allow Greece and/or the PIIGS, to either leave the eurozone or somehow divide the Euro currency into two. every euro as identification marks on the coins/bank notes. so it would be possible. but there is no political will because it would signal a failure and these EU politicians will stop at nothing.

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the EU as become the number one concern to world wide growth affecting all the major markets. The UK as been limiting its exposure to the eurozone over the last four years, but i fear the whole thing will collapse before we have time to reduce our exposure to the desired level.

its clear Greece is finished. they should allow Greece and/or the PIIGS, to either leave the eurozone or somehow divide the Euro currency into two. every euro as identification marks on the coins/bank notes. so it would be possible. but there is no political will because it would signal a failure and these EU politicians will stop at nothing.

The Euro was always doomed,When you have one Currency,you need one market....Fact.

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am surprised not to read a thread on the EU - The Eurozone is back in recession for a second time,

The Eurozone slides back into recession for first time in three years THE 17-country eurozone has fallen back into recession for the first time in three years as the fallout continues from the region's financial crisis. And with surveys pointing to increasingly depressed conditions across the 17-member group that uses the euro at a time of high unemployment in many countries, there are fears that the recession will deepen, and make the debt crisis - which has been calmer of late - even more difficult to handle. Official figures overnight showed that the eurozone contracted by 0.1 per cent in the July to September period from the quarter before as economies including Germany and the Netherlands suffer from falling demand.

Riots, staggering levels of unemployment, social decline and people losing all hope in the future. Rome (EU) is burning and the so called EU leaders continue to play their fiddles. We "ordinary" folk know the EU experiment is doomed to fail, but they are too proud to back down and won’t be happy until every European country is part of one big homogenised state. National individuality will become a thing of the past, even frowned upon. This is why the UK must get out of this sorry mess now so that we can still set our own rules and be masters of our own destiny. I still believe we have enough hard grafting people in our country with a generous helping of innovators, scientists, engineers and more that can get this country back on its feet. We have the talent, we can still be a great and wealthy nation. We just need to be free of those hideous EU shackles. Let them destroy their own economies and people if they want. WELCOME TO THE GLOURIOUS EU. :clap:

Edited by stevewinn
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