Will May Pay or Hope it Fades Away? £55b exit bill...
Discussion
hyphen said:
p1stonhead said:
amgmcqueen said:
If May pays this bill, then she may as well roll out the red carpet for Corbyn at No.10
there is no ifI think a bad deal will result in discontent (especially if we don't break free of EU courts jurisdiction after the transition or other unacceptable controls).
A good deal with money paid will be fine, and Tory voters on either side of Brexit will be happy enough,
Corbyn wont get in either way IMO.
hyphen said:
I disagree.
I think a bad deal will result in discontent (especially if we don't break free of EU courts jurisdiction after the transition or other unacceptable controls).
A good deal with money paid will be fine, and Tory voters on either side of Brexit will be happy enough,
I think many need to keep calm about the monetary situation. I think a bad deal will result in discontent (especially if we don't break free of EU courts jurisdiction after the transition or other unacceptable controls).
A good deal with money paid will be fine, and Tory voters on either side of Brexit will be happy enough,
The sums involved are large, but are after all only a small fraction of government expenditure, and represents amounts we would have kept handing over each year in any case had we remained members.
What matters is the deal obtained. £20bn for the transition period and then a further £20bn "divorce" settlement would seem a fair price if a decent trade agreement were agreed and a reasonable settlement on such issues as EU citizens.
The government needs to have a clear eyed focus on what is worth paying for and what is not.
In the likely event of a no deal scenario they should then only pay what is legally obliged, with a continued willingness to pay for a transition period to WTO rules.
abzmike said:
Has anyone suggested having an independent agency like the World Bank work out the sums, rather than the current ongoing haggle more associated with buying a 4 year old 530d?
The EU would never agree to that. It has been raised by some in the past but died quickly as an idea, because this isn't about what is legal, its about politics.Well, there's 'signed off' then there's 'audited'. I'm told there are no offers of professional auditing services from respectable firms. With the resources available to the Commission you'd think there would be someone, somewhere. Unless of course everyone has it completely wrong and they are paragons of financial rectitude and brimming with transparency. Of which I am sure they are capable.
abzmike said:
Has anyone suggested having an independent agency like the World Bank work out the sums, rather than the current ongoing haggle more associated with buying a 4 year old 530d?
Not possible, nothing to calculate.Legally we owe barely anything, this is a political payment in return for a deal.
Jazzy Jag said:
Someone should calculate the value of the EU assets and what proportion we own.
Perhaps they would like to make us an offer?
Already estimated and printed in the media. Perhaps they would like to make us an offer?
Trouble is that the EU doesn't see it that way, their view is that they keep it all... and so you would need to go legal.
Murph7355 said:
alfie2244 said:
Don't seem to hear much about this for some reason 
It's certainly not about having cake and eating it. We all know that's not a viable proposition.Edited by alfie2244 on Tuesday 21st November 21:59
alfie2244 said:
Doubt it would need Alan Turing to work out a formula to calculate how much we own based on our historical net contributions.
Except for the fact that the EU's position seems to be that assets belong to the EU, not to the member states of the EU. So, to use the health club analogy that is so popular around these parts, the UK's annual subscriptions does not mean that it owns some of the gym equipment and a share of the building. Edited by alfie2244 on Tuesday 21st November 21:59
The EU's position is also that they had assumed we would be members for some time to come, and thus had agreed to purchase more equipment on HP, using our contributions as evidence of their ability to finance the purchase. Thus, they expect us to continue paying a contribution towards those finance costs beyond the end of our membership.
andymadmak said:
alfie2244 said:
Doubt it would need Alan Turing to work out a formula to calculate how much we own based on our historical net contributions.
Except for the fact that the EU's position seems to be that assets belong to the EU, not to the member states of the EU. So, to use the health club analogy that is so popular around these parts, the UK's annual subscriptions does not mean that it owns some of the gym equipment and a share of the building. Edited by alfie2244 on Tuesday 21st November 21:59
The EU's position is also that they had assumed we would be members for some time to come, and thus had agreed to purchase more equipment on HP, using our contributions as evidence of their ability to finance the purchase. Thus, they expect us to continue paying a contribution towards those finance costs beyond the end of our membership.
Is not the EU a product of the member states, not an entity in its own right ? If all members decided to leave the EU would cease to exist.
PRTVR said:
andymadmak said:
alfie2244 said:
Doubt it would need Alan Turing to work out a formula to calculate how much we own based on our historical net contributions.
Except for the fact that the EU's position seems to be that assets belong to the EU, not to the member states of the EU. So, to use the health club analogy that is so popular around these parts, the UK's annual subscriptions does not mean that it owns some of the gym equipment and a share of the building. Edited by alfie2244 on Tuesday 21st November 21:59
The EU's position is also that they had assumed we would be members for some time to come, and thus had agreed to purchase more equipment on HP, using our contributions as evidence of their ability to finance the purchase. Thus, they expect us to continue paying a contribution towards those finance costs beyond the end of our membership.
Is not the EU a product of the member states, not an entity in its own right ? If all members decided to leave the EU would cease to exist.
PRTVR said:
But the EU are talking divorce, not club membership, in divorce assets are taken into consideration.
Is not the EU a product of the member states, not an entity in its own right ? If all members decided to leave the EU would cease to exist.
They want a divorce when it comes to future obligations and a club when it comes to existing assets.Is not the EU a product of the member states, not an entity in its own right ? If all members decided to leave the EU would cease to exist.
And to claim it's the UK having it's cake and eating it.
Why does this financial settlement seem so unidirectional?
We only get to hear about the ongoing expenses we are committed to. Wouldn't there also be lots of stuff we have invested in over the years that we would be receiving benefit from were it not that we are leaving?
Has this been estimated and offset against the 'leaving fee'?
We only get to hear about the ongoing expenses we are committed to. Wouldn't there also be lots of stuff we have invested in over the years that we would be receiving benefit from were it not that we are leaving?
Has this been estimated and offset against the 'leaving fee'?
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