Only if we're still in the last century.

"Eurostat arrived at the ?2.1bn figure on the basis of new methods of calculating member states? GNI since 1995, taking account of previously unreported or under-reported black economy elements, such as drug dealing and consumption or the sex industry.

Eurostat concluded that the UK economy has been doing much better than previously assumed since 1995, relative to other European countries, and that British contributions needed to be upped."

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"The European Commission has reviewed the economic performance of all member states since 1995, and revised its economic statistics to take greater account of things like income from the black economy. "

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Posted By: Ralf Scrampton on October 24th 2014 at 10:43:20

Message Thread

UK to pay ?1.7bn extra to EU due to better than expected performance (General Chat) - Tony Martin, Oct 24, 06:58:04
- A lot of this is caused by prostitution and drug usage (General Chat) - Johnny Comecardiff, Oct 24, 09:24:07
- it's the past 20 years they're looking at, so another thing you can blame Zanuliebore for. (General Chat) - Ralf Scrampton, Oct 24, 08:06:16
  - 4 years actually (n/m) (General Chat) - Tony Martin, Oct 24, 10:11:15
    - Only if we're still in the last century. (General Chat) - Ralf Scrampton, Oct 24, 10:43:20
    - Wrong (General Chat) - King, Oct 24, 10:36:41
      - "it's all gone quiet over there..." (n/m) (General Chat) - Yellalee, Oct 24, 12:03:24
      - And FYI the changes have already benefitted the UK to a much greater degree (General Chat) - King, Oct 24, 11:00:17
- That's cos they are well on their way to creating a low wage economy, (General Chat) - CB41, Oct 24, 07:01:14
  - VMT (n/m) (General Chat) - colincanary, Oct 24, 07:12:48

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