Friday, 8 February 2013

The Fiscal Sensibles Win! 3% EU Budget cut secured by the PM - great result for Britain

The first ever real-terms cut in the European Union's budget is good for the UK and good for Europe too.

After two days of talks, leaders agreed a budget 3% lower than the current seven-year period.
Full credit to the PM who built alliances across Northern Europe with the fiscal sensibles of the Dutch, danish and Germans.
Well done also to our own local MEP Martin Callanan who played a leading role in securing a good deal for the North East. The world must be going mad as even Labour agreed the PM did a great job.
Full details here: http://www.bbc.co.uk/news/uk-politics-21379667

2 comments:

  1. As a Hexham resident who regularly works internationally, I awoke frustrated at the jingoistic, triumphalist language of our politicians and national press. An online journey around the global press brought the following observations:

    a) the triumphalist smiles and bullish approach of Mr Cameron present us as a country with little grace or world presence,

    b) all national leaders present a winning picture to their own population (including France);

    c) the talk of victory and triumph, brushes under the carpet the fact that our national contribution is in fact likely to rise by up to 6.3% (The Telegraph, 8.2.13);

    d) The €11bn of the €12bn cut comes from trans border European development and research - and where 20% of global exports come from the 7% populace of the EU and where European exports are a key contributor to the UK economy, this is not necessarily good news for us;

    It is not really about 'winning'.

    I suggest, that occasionally, our politicians look beyond the language of victory, beating and losers, and wake up to the view such attitudes, chip away at our international standing and impact ultimately on our ability to be European collaborators and world players.

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  2. This was simply a way in which the EU could become more credible, as it reflected that as national government cut back, so must it. If we are going to be able to stay in the EU, something that I think is the right course, we must be able to ensure that it follows the right path.

    We might not be that popular because of our stances, but they are the right things to do. In addition, this deal was a successful compromise between the EU nations, one that can easily be presented as a success by each country involved. This is because it was not just a success for Britain, but one for Europe.

    I agree, however, that there may be a problem in where the cuts are aimed at. However, no matter where there are cuts, there will be complaints.

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