{"id":119130,"date":"2021-08-01T21:55:22","date_gmt":"2021-08-01T21:55:22","guid":{"rendered":"https:\/\/fin2me.com\/?p=119130"},"modified":"2021-08-01T21:55:22","modified_gmt":"2021-08-01T21:55:22","slug":"biggest-brexit-losers-exposed-in-new-report-top-10-eu-member-states-suffering","status":"publish","type":"post","link":"https:\/\/fin2me.com\/politics\/biggest-brexit-losers-exposed-in-new-report-top-10-eu-member-states-suffering\/","title":{"rendered":"Biggest Brexit losers exposed in new report – Top 10 EU member states suffering"},"content":{"rendered":"

Peter Bone discusses Chris Bryant's Brexiteer retweet<\/h3>\n

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Facts4EU.Org revealed the financial carnage that losing the UK has wreaked on the bloc’s members. Not surprisingly, Germany came out as the biggest loser after its economy was down £12.2billion in the last 12 months compared with 2016 – the year of the referendum vote.<\/p>\n

It was followed by Belgium (£3.7billion), France (£3.3billion), the Netherlands (£2.7billion), and Spain (£2.6billion).<\/p>\n

The website also revealed that UK consumers bought £28billion less from the EU last year than in the referendum year.<\/p>\n

In data gleaned from the Office for National Statistics (ONS) it found that Sweden sat in sixth place – down £1.2billion.<\/p>\n

It was followed by the Czech Republic (£1.1billion), Italy (£0.7 billion), Slovakia (£0.4billion) and Portugal (£0.4billion).<\/p>\n

<\/p>\n

<\/p>\n

The website claimed this loss of trade was not a “Covid effect” or because of new border controls.<\/p>\n

In a statement it added: “As the EU’s largest economy, it is not surprising that Germany has lost most in terms of financial totals.<\/p>\n

“If an EU country sells more, it loses more if there is a trend away from buying from EU countries.<\/p>\n

“The actual totals in pounds can therefore disguise the impact on individual countries.”<\/p>\n

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<\/p>\n

It added: “The problems at the borders have all been about UK exports, not EU imports.<\/p>\n

“These have been caused by the over-zealous actions of the EU and its customs authorities in allowing UK goods going to the EU.<\/p>\n

“Goods flowing the other way – from the EU into the UK – have continued to flow thanks to the UK deciding to operate a ‘light touch’ customs operation with the EU.<\/p>\n

“To the best of our knowledge, no EU trucks have been impounded in the UK due to a French lorry driver having a half-eaten ‘baguette jambon’ in his cab.<\/p>\n

<\/p>\n

“This is not the case with the EU, sadly. Last week the Chairman of Marks & Spencer described how an M&S lorry had been impounded in the Republic of Ireland because their driver had a ham sandwich in his cab.<\/p>\n

“The driver was then forced to complete hundreds of pages of EU forms by Irish customs officials before being allowed in.<\/p>\n

“British people have nothing against EU27 people – it’s the EU autocracy that’s the problem.<\/p>\n

“As we wrote yesterday, any move by British people and businesses to buy less from EU27 companies has nothing to do with the British public’s views about the citizens of EU27 countries.”<\/p>\n

<\/p>\n

It also branded Project Fear claims that leaving the bloc would destroy the country’s economy as “utter tosh”.<\/p>\n

It continued: “Today the United Kingdom is the fifth largest economy in the world according to the IMF.<\/p>\n

“Who wouldn’t be queuing up to sell to us? We represent a massive market for global producers. We are home to the world’s international business language.<\/p>\n

“We have the most powerful financial hub in Europe. English Common Law is widely respected around the world for the protections it gives and the efficiency it provides in doing business.<\/p>\n

“And – is if all that weren’t enough – we have the most fecund Prime Minister in the world, sporting the world’s worst haircut. What’s not to like?”<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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