The struggling European Supertstate has demanded an extra £1 billion from a cash strapped United Kingdom. The EU’s central command centre (located in Brussels, the capital city of Belgium) is due to issue its latest demands later in the month.
Brussels is to bill Britain £1bn extra because it’s blown its 2012 budget. Brussels will pitch its demand for UK taxpayer cash – £976 million, to be exact – in late October, shortly before MEPs rubber-stamp a 7% hike in the EU’s annual budget.
The move puts more pressure on the UK government’s relationship with Brussels as EU spending strays, again, beyond previous estimates.
American readers who are not familliar with the ins and outs of the EU are directed towards this excellent guide from This American Life:
If you’re like us, when the words “European debt crisis” pop up in the news you feel a little worried, and a little like taking a nap. Turns out, there’s a story behind this story. One that’s filled with guilt, and drama, and betrayal, and 100-year-old dreams come true.
As a rough guide it’s not too bad. It explains the reasons behind the dire situation in Greece which Disinfo reported on last week: Neo-Nazi “Protectors” Fill Power Vacuum Caused by Collapse of EU Superstate in Greece. The only oversight is its failure to mention how the United Kingdom fits into the still unfolding disaster. The peculiar sight of politicians such as the current Prime Minister, David Cameron, promising and then denying referendums on the topic would fit nicely alongside the, at points laughable, main story.
In the real world I'm a freelance TV/radio presenter. I've worked for LBC, Kerrang Radio, The Bay, Edge Media TV, Hallam FM and The BBC.
My podcast is here: http://thecultofnick.libsyn.com/
Latest posts by Nick Margerrison (see all)
- Psychic Soldier Exclusive! - May 2, 2015
- Pat Mills, The Godfather of British Comics - Apr 24, 2015
- Tackling the ET question: Project Camelot and Robbie Graham - Apr 1, 2015