Saturday 21 January 2017

You pay to play in the EU - and this mess is nobody's fault but our own

Published 21/07/2016 | 02:30

'Between farm supports and structural funds, we traditionally drew down far more from the EU than we ever paid in' Photo: Bloomberg
'Between farm supports and structural funds, we traditionally drew down far more from the EU than we ever paid in' Photo: Bloomberg

You pay to play in the EU, and in broad strokes the price is worked out on a fairly straightforward basis.

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Rather than a flat fee per country, or a price based on population, it's the size of the economy that matters.

In our case, having long been poorer than the European average, the exact formula didn't really matter for almost the entire time we've been members.

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