Thursday 12 October 2017

Dwelling on divorce

According to the Centre for Europeon Policy Studies, the EU has assets of €160 billion and liabilities of €232 billion. The EU is therefore in the red to the tune of €72 billion. As the UK is contributing 14% of the EU budget, the maximum divorce payment that can reasonably be expected is 14% of the deficit, i.e.  €10 billion rather than the €100 billion which the EU is demanding.
    An even fairer settlement would be 1/28th of the deficit, i.e. €2.6 billion.

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