BREXIT: It is indeed with a strong shock the British people received
the news from Brussels saying that Britain has not right to share any of the
assets the country contributed hugely as a member for decades. Yet EU leaders
are forcing huge financial liabilities on the British people.
The questions being asked now is, how can one party be
forced to pay for such a huge financial liability without have its own fair
share of the assets that it helped to build to date? The UK being a major net
contributor for several years, since the inception of the bloc.
So if the EU leaders is claiming that all the assets which includes
buildings, loans, wine and fine art, is are owned exclusively by Brussels and
not the member states, one can boldly conclude also that, all the financial
liabilities should also be borne by Brussels, as you cannot have an asset
without liabilities.
Theresa May’s government in trying to balance the equation,
has suggested that let the UK’s share of the assets be matched against the
liabilities, so that if there is any left after that, the country can then pay
it up. Therefore, looking at it from a business perspective, one can conclude
that, such an idea is ideal for both parties.
However, UKIP leader Paul Nuttal has claimed that, it is the
EU is indeed indebted to the UK for all the huge financial contributions Britain
had made to the bloc for decades.
Speaking with express.co.uk, he stressed that: “The
appalling cheek of these people is absolutely breath-taking. You could hardly
make it up.
“They spout similar ideas to Corporatist spin doctors, ie
that a company's profits are private but
its losses are public.
“Of course the UK has a call on the assets. The UK taxpayer
paid for the buildings, the financial resources etc and in negotiations we have
a duty to demand them back from the money –grabbing EU.
“And by the way, if they claim that their assets belong solely
to the EU, so too must their liabilities."
A senior EU official authorised to speak about the Brexit
bill said that because the bloc is a “legal personality” in its own right
member states have given up all claim to its assets even though they paid for
them.
The Commission bigwig, who is a top figure in Michel
Barnier's negotiating team, stated: "Member states do not have any right
to those assets, there’s no shareholding in the EU.
“All of the EU’s assets belong to the EU and that includes
buildings and other assets both tangible and intangible, financial and non
financial, drinkable and non drinkable."
Britain being a net contributor of about £10bn per annum to
the bloc’s budget, is being treated as nobody by EU leaders all in an effort to
frustrate and deny the public their democratic mandate.
The EU currently owns a stunning £36 billion in property and
cash including its £300 million ‘space egg’ Europa building, which is the new
home of the European Council.
Britain has also made considerable contributions to the
European Investment Bank, which lends money to EU states, and which has an astonishing
£56 billion in capital.
Finally there is the bloc’s world famous wine cellar, which
contains 42,500 bottles of premium plonk, and its burgeoning modern art
collection, now valued at around £15 million.
In total it has been calculated that Britain, which
contributes around 12 per cent of the bloc’s total budget, could lay claim to a
staggering £58bn of the EU’s total assets.
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