Cameron's take on EU budget is not the whole story
The Prime Minister has praised the EU budget agreement ("Cameron hails EU budget cut as 'deal to be proud of'", The Herald, February 9).
The Prime Minister has praised the EU budget agreement (\"Cameron hails EU budget cut as 'deal to be proud of'\", The Herald, February 9).
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However, when one looks behind the Downing Street spin, and the Brussels smoke and mirrors that devils such complex arrangements, we see a different position with regards to the UK.
After two days of talks, leaders agreed a €908 billion (£768bn) budget limit for 2014-20, £29bn lower compared to current levels of spending. But the UK's contribution is likely to go up, not down, in the context of this shrinking budget, something Mr Cameron has curiously been silent on. This is because the UK's rebate is coming down from its current annual level of about €3.5bn, a reduction negotiated by Tony Blair to help fund the EU's eastward enlargement.
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Cameron's take on EU budget is not the whole story
The Prime Minister has praised the EU budget agreement ("Cameron hails EU budget cut as 'deal to be proud of'", The Herald, February 9).
However, when one looks behind the Downing Street spin, and the Brussels smoke and mirrors that devils such complex arrangements, we see a different position with regards to the UK.
After two days of talks, leaders agreed a €908 billion (£768bn) budget limit for 2014-20, £29bn lower compared to current levels of spending. But the UK's contribution is likely to go up, not down, in the context of this shrinking budget, something Mr Cameron has curiously been silent on. This is because the UK's rebate is coming down from its current annual level of about €3.5bn, a reduction negotiated by Tony Blair to help fund the EU's eastward enlargement.
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We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
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