The jump in German payments is due to a combination of Brexit and the EU covid fund.
The Brexit transition ended on 31st Dec 2020, and the UK stopped paying into the EU after that and diverted money to the NHS.
The EU decided not to cut spending and instead loaded the bill onto Germany.
Going forward, the French either need contribute more, or there needs to be spending cuts.
Wow, only €25B? The Netherlands contribute €10B with only a quarter of the number of people of Germany.
Edit: The Dutch numbers are probably gross?
The more we pay the more hate we get from the rest of the eu
Isn’t it simply because many of the rebates stopped in 2020?
Germany, Netherlands, Sweden and Austria had (have?) big rebates in relation to the UK and on their VAT contributions
Denmark also had a smaller rebate but not in relation to the UK or VAT.
Fuck man, thst could be 25 Billionaires right there. What a waste of money!
How is ‘net’ determined though? Germany and its people and businesses gain from the EU in many ways other that through direct EU funding. It’s also in the interest of German businesses for for example Poland to receive funding. Germany is the main benefactor of the Euro and the single market. Problem it’s harder to put an exact number on that.
And to come back to ‘net’: if a consortium of companies/research (multiple countries) get funding. Under whose + column is this funding added? Or a German company that is able to carry out and expand its business abroad due to EU funding abroad.
This whole debate lacks considerable nuance. You can’t condense this to a quick tweet with a bar chart.
On the same day that Germany announces a recession.
It is time to revamp EU contribution calculations.
Include economic performance, the countries that are doing well should support the countries that are not doing well at all.
Time to cut in the CAP and regional development again at the next MFF and continue to refocus the budget on competitivness, innovation and security.
To put this into perspective. The German GDP is around €5000 billion (PPP) and $4000 billion nominal.
So the German **net** contribution is about 0.9% of their economy.
And per person it’s about… **€420 per year**.
Heck, I think if we want back to the old ways, €420 would barely buy you a couple of visas and cover tariffs for a things on imported stuff (French wine, Italian pasta, whatever).
Edit: My bad, posted data in a “feelz and rantz” thread.
Edit: Corrected to nominal instead of GDP PPP numbers. Still doesn’t change my point (€301 -> €420).
Compared to what the UK is currently going through after leaving EU, 25bn is a fair price to not suffer like that.
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source: https://twitter.com/Schuldensuehner/status/1608406257815392256
France paid €12.4bn, Italy paid €3.2bn
The jump in German payments is due to a combination of Brexit and the EU covid fund.
The Brexit transition ended on 31st Dec 2020, and the UK stopped paying into the EU after that and diverted money to the NHS.
The EU decided not to cut spending and instead loaded the bill onto Germany.
Going forward, the French either need contribute more, or there needs to be spending cuts.
Wow, only €25B? The Netherlands contribute €10B with only a quarter of the number of people of Germany.
Edit: The Dutch numbers are probably gross?
The more we pay the more hate we get from the rest of the eu
Isn’t it simply because many of the rebates stopped in 2020?
Germany, Netherlands, Sweden and Austria had (have?) big rebates in relation to the UK and on their VAT contributions
Denmark also had a smaller rebate but not in relation to the UK or VAT.
Fuck man, thst could be 25 Billionaires right there. What a waste of money!
How is ‘net’ determined though? Germany and its people and businesses gain from the EU in many ways other that through direct EU funding. It’s also in the interest of German businesses for for example Poland to receive funding. Germany is the main benefactor of the Euro and the single market. Problem it’s harder to put an exact number on that.
And to come back to ‘net’: if a consortium of companies/research (multiple countries) get funding. Under whose + column is this funding added? Or a German company that is able to carry out and expand its business abroad due to EU funding abroad.
This whole debate lacks considerable nuance. You can’t condense this to a quick tweet with a bar chart.
On the same day that Germany announces a recession.
It is time to revamp EU contribution calculations.
Include economic performance, the countries that are doing well should support the countries that are not doing well at all.
Time to cut in the CAP and regional development again at the next MFF and continue to refocus the budget on competitivness, innovation and security.
Link to a more detailed source:
https://www.bundesbank.de/resource/blob/900052/25d7e548dc40213940247c230435a901/mL/2022-10-finanzbeziehungen-data.pdf
To put this into perspective. The German GDP is around €5000 billion (PPP) and $4000 billion nominal.
So the German **net** contribution is about 0.9% of their economy.
And per person it’s about… **€420 per year**.
Heck, I think if we want back to the old ways, €420 would barely buy you a couple of visas and cover tariffs for a things on imported stuff (French wine, Italian pasta, whatever).
Edit: My bad, posted data in a “feelz and rantz” thread.
Edit: Corrected to nominal instead of GDP PPP numbers. Still doesn’t change my point (€301 -> €420).
Compared to what the UK is currently going through after leaving EU, 25bn is a fair price to not suffer like that.
Now do Hungary!
And now we are in recession. Im so fucking done
Germoney