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Ireland to pay over €3bn per year to the EU

Kermit.de.frog

"Net contributor" may sound nice and it is because it gives clout. But...

It has a nice price tag too!

https://www.irishtimes.com/business/economy/ireland-s-eu-budget-contribution-may-rise-to-over-3bn-1.3486204

Irexit? We could pay €3bn per year to the HSE

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Sultan_of_Ping

We may contribute an amount but what we get back far outweighs that contribution - in terms of access to one of the largest, richest markets in the world.

Plus, if you think the downturn was bad under the EU, think of absolutely disastrous it would've been if our gombeen politicians had not been fettered by the discipline imposed by the EU........we'd have been Venezuela without the oil or the sunshine.

Plus, plus, I wonder how much our ongoing borrowing costs would be if we didn't have the Euro, the ECB etc to operate with?

Kermit.de.frog

€3bn is a lot of money for a country the size of Ireland.

We will be funding motorways in Poland.

But then the argument is they gave us money (not Poland)...

Still I do think this could be contentious for the Irish public as we move forward. Our contribution will only increase.

[Deleted User]

If only there was some other country exiting the EU so that we could examine the issues that might occur from doing that.

everlast75

Should we get that printed up on the side of a big red bus?

RobbingBandit

How much funding and business do we get in return

Greybottle

Kermit.de.frog wrote: »

"Net contributor" may sound nice and it is because it gives clout. But...

It has a nice price tag too!

https://www.irishtimes.com/business/economy/ireland-s-eu-budget-contribution-may-rise-to-over-3bn-1.3486204

Irexit? We could pay €3bn per year to the HSE

They'd probably have to promote a load of lower managers to higher management to work out how to spend the €3 billion and that would probably end up costing us €3.5 billion.

I doubt much of it would trickle down to vital services.

_Kaiser_

super_furry wrote: »

The benefits outweigh the costs.

While things are rosy.. Yea (at least from an economic perspective anyway)

But we've seen already what happens to countries like ourselves when things go badly, and the attitudes from the big 2 towards dissent.

There's also the unresolved migration issue (although the headlines have mostly faded), the ongoing complaints about our tax system, being stuck in the middle of the UK/EU spat over Brexit, and the reality that we're nowhere near as influential in Brussels as we are often told by our local government.

But Irexit would be a mess so we're somewhat stuck with the situation. I still think that the only way Europe will work out long term though is a rollback on the USofE notions and a move back to being just a trade bloc with common interests.

Allinall

Kermit.de.frog wrote: »

"Net contributor" may sound nice and it is because it gives clout. But...

It has a nice price tag too!

https://www.irishtimes.com/business/economy/ireland-s-eu-budget-contribution-may-rise-to-over-3bn-1.3486204

Irexit? We could pay €3bn per year to the HSE

We already pay over €13 bn to the HSE.

Why would we give them another €3bn to waste?

super_furry

The benefits outweigh the costs.