4,400 OF BRITISH IN THE TIME IT TAKES TO READ THIS TITLE WILL HAVE SPENT TAXPAYERS MONEY THE EUROPEAN UNION
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1 IN THE TIME IT TAKES TO READ THIS TITLE THE EUROPEAN UNION WILL HAVE SPENT 4,400 OF BRITISH TAXPAYERS MONEY A115 EU fiscal review booklet 2013.indd 1 04/12/ :00
2 Reforming taxes, cutting spending and protecting taxpayers EU FISCAL FACTBOOK The TaxPayers Alliance 55 Tufton Street, London SW1P 3QL (24 hour media enquiries) taxpayersalliance the_tpa Produced by the TaxPayers Alliance, October 2013 Designed by PA115 EU fiscal review booklet 2013.indd 2 04/12/ :00
3 Britain s contribution to the EU gets bigger every year. That means bigger tax bills for families across the country and too much of the money is wasted. Brussels also makes life difficult for British businesses with draconian regulations. We deserve a better deal. This EU Fiscal Factbook provides a clear overview of the big picture: How much cash do we hand over every year? Where does it go? How bad is the situation in the Eurozone? Full references can be found at the back of the guide. The TPA will play a crucial role in the EU debate over the coming years so I hope you consider joining our growing grassroots army. Voters want clear facts as we move towards an EU Referendum, and this booklet will answer their questions. Matthew Elliott Founder, TaxPayers Alliance Chief Executive, Business for Britain 1 A115 EU fiscal review booklet 2013.indd 1 04/12/ :00
4 Cost of the EU 2 A115 EU fiscal review booklet 2013.indd 2 04/12/ :00
5 UK gross and net contributions MILLION, 2011 Gross contributions 13,825 Net contributions 7,255 Receipts 6,570 3 SOURCE: EUROPEAN COMMISSION A115 EU fiscal review booklet 2013.indd 3 04/12/ :00
6 EU gross contributions MILLION, 2011 GERMANY FRANCE ITALY UK SPAIN NETHERLANDS BELGIUM POLAND SWEDEN AUSTRIA DENMARK FINLAND GREECE PORTUGAL CZECH REPUBLIC IRELAND ROMANIA HUNGARY SLOVAKIA SLOVENIA BULGARIA LITHUANIA LUXEMBOURG CYPRUS LATVIA ESTONIA MALTA 0 5,000 10,000 15,000 20,000 25,000 4 SOURCE: EUROPEAN COMMISSION A115 EU fiscal review booklet 2013.indd 4 04/12/ :01
7 EU net contributions MILLION, 2011 GERMANY UK ITALY FRANCE NETHERLANDS SWEDEN DENMARK AUSTRIA FINLAND CYPRUS MALTA IRELAND ESTONIA SLOVENIA BULGARIA LATVIA SLOVAKIA LUXEMBOURG CZECH REPUBLIC LITHUANIA ROMANIA BELGIUM SPAIN PORTUGAL HUNGARY GREECE POLAND -10,000-5, ,000 10,000 5 SOURCE: EUROPEAN COMMISSION A115 EU fiscal review booklet 2013.indd 5 04/12/ :01
8 How the EU spends your money 6 A115 EU fiscal review booklet 2013.indd 6 04/12/ :01
9 EU Budget BILLION, 2013 Rural development and fisheries 11.9 bn Administration 8.4 bn Aid and accession 6.3 bn Total bn Redistribution to poorer countries 47.2 bn 44 bn Common Agricultural Policy 1.5 bn Citizenship, freedom, security and justice 11.9 bn R&D, sustainable energy, training 7 SOURCE: EUROPEAN COMMISSION A115 EU fiscal review booklet 2013.indd 7 04/12/ :01
10 Examples of EU waste 15 million on the EU Parliamentarium 265,000 on cocktail parties in just one year 17,500 on luxury gifts including Tiffany jewellery 160,000 on a fitness centre for dogs that still hasn t opened 8 SOURCES: VARIOUS A115 EU fiscal review booklet 2013.indd 8 04/12/ :01
11 Spending on advertising billion 2.13 billion 9 SOURCES: OPEN EUROPE, COCA COLA A115 EU fiscal review booklet 2013.indd 9 04/12/ :01
12 Taxpayer-funded politics % OF ORGANISATION S BUDGETS PAID FOR FROM EU FUNDING, 2011 EU GRANT OF 1,195,259 EU GRANT OF 894,000 EU GRANT OF 836,238 Friends of the Earth Europe European Environmental Bureau CEE Bankwatch Network EU GRANT OF 599,594 EU GRANT OF 365,735 EU GRANT OF 362,992 WWF European Policy Office Naturefriends Health and Environment Alliance Birdlife Europe EU GRANT OF 332,163 Climate Action Network Europe EU GRANT OF 295,022 European Federation for Transport and Environment EU GRANT OF 275, SOURCE: INSTITUTE OF ECONOMIC AFFAIRS A115 EU fiscal review booklet 2013.indd 10 04/12/ :01
13 Cost of travelling to Strasbourg 2011 Travelling between the two seats of the EU parliament in Brussels and Strasbourg costs an estimated 150 million a year here.....to here SOURCE: BRUSSELS-STRASBOURG SEAT STUDY GROUP 11 A115 EU fiscal review booklet 2013.indd 11 04/12/ :01
14 Embassies The EU has 140 embassies around the world, with 44 diplomats in Barbados 12 SOURCE: SPECTATOR A115 EU fiscal review booklet 2013.indd 12 04/12/ :01
15 The cost of EU regulation 13 A115 EU fiscal review booklet 2013.indd 13 04/12/ :01
16 The cost of EU regulation Since 1998, regulation introduced in the UK has cost the economy 176 billion Of this 124 billion or 71% had its origin in the EU Equivalent to 5,000 for every household in the UK 14 SOURCE: OPEN EUROPE A115 EU fiscal review booklet 2013.indd 14 04/12/ :01
17 The cost of the CAP and CFP ANNUAL COST, UK COMMON AGRICULTURAL POLICY 10.3 billion COMMON FISHERIES POLICY 2.81 billion Equivalent to 584 for every household in the UK 15 SOURCE: TPA A115 EU fiscal review booklet 2013.indd 15 04/12/ :01
18 Seven figure CAP subsidies to UK landowners landowners received more than 250,000 Of those, 133 were given more than 500,000 and 47 of those were given more than 1 million in subsidy 16 SOURCE: BBC A115 EU fiscal review booklet 2013.indd 16 04/12/ :01
19 CFP discards ANNUAL COST Economic value of UK dumped fish 130 million PA115 EU fiscal review booklet 2013.indd 17 SOURCE: TPA 17 04/12/ :01
20 The cost of the ETS Just three years after it was launched the Emissions Trading Scheme cost consumers across Europe as much as 93 billion 18 SOURCE: TPA A115 EU fiscal review booklet 2013.indd 18 04/12/ :01
21 Annual cost of labour regulations Working Time Directive 2.6 billion Temporary Agency Workers Directive 2 billion Halving the cost of regulations like these could boost UK GDP by 4.3 billion and create 60,000 new jobs 19 SOURCE: OPEN EUROPE A115 EU fiscal review booklet 2013.indd 19 04/12/ :01
22 The EU as a trading partner 20 A115 EU fiscal review booklet 2013.indd 20 04/12/ :01
23 EU vs World GDP % OF WORLD GDP 36% 34% 32% 30% 28% 21 26% EU / WORLD GDP, % LINEAR TREND (EU / WORLD GDP, %) SOURCE: WORLD BANK 24% % 20% A115 EU fiscal review booklet 2013.indd 21 04/12/ :01
24 Exports to the EU EXPORTS TO EU COUNTRIES AS A SHARE OF TOTAL GOODS EXPORTS, 2012 (%) MALTA GREECE CYPRUS UNITED KINGDOM FINLAND SWEDEN ITALY IRELAND GERMANY ESTONIA DENMARK LITHUANIA FRANCE BULGARIA SPAIN AUSTRIA SLOVENIA ROMANIA LATVIA BELGIUM PORTUGAL NETHERLANDS HUNGARY POLAND LUXEMBOURG CZECH REPUBLIC SLOVAKIA SOURCE: WTO 22 A115 EU fiscal review booklet 2013.indd 22 04/12/ :01
25 Tariffs on imports to the EU EU TARIFFS, SELECTED EXAMPLES on honey......wellington boots......bicycles......marmalade... Poverty re-enforcing tariffs The EU imposes a 1% tariff on raw cocoa but 30% on chocolate, discouraging processing in Africa and exacerbating poverty 23 SOURCE: WTO A115 EU fiscal review booklet 2013.indd 23 04/12/ :01
26 Free Trade Agreements PROPORTION OF GROSS WORLD PRODUCT COVERED BY FTAs EU 30% 70% SWITZERLAND FREE TRADE NOT FREE TRADE 33% 67% 24 SOURCES: UN A115 EU fiscal review booklet 2013.indd 24 04/12/ :01
27 The state of the EU economy 25 A115 EU fiscal review booklet 2013.indd 25 04/12/ :01
28 State spending as a proportion of GDP % GDP, EU average China EU average 46.5% China 23.6% 26 SOURCE: EUROSTAT, HERITAGE A115 EU fiscal review booklet 2013.indd 26 04/12/ :01
29 Debts and deficits 2012 GENERAL GOVERNMENT DEBT, % GDP Greece Italy Portugal Ireland Belgium France United Kingdom Cyprus European Union (27 countries) Spain Germany Hungary Austria Malta Netherlands Poland Slovenia Finland Slovakia Czech Republic Denmark Latvia Lithuania Sweden Romania Luxembourg Bulgaria Estonia NET BORROWING, % GDP 27 SOURCE: EUROSTAT A115 EU fiscal review booklet 2013.indd 27 04/12/ :01
30 Youth unemployment YOUTH UNEMPLOYMENT, SELECTED COUNTRIES Ireland Greece Spain Italy Portugal UK SOURCE: EUROSTAT A115 EU fiscal review booklet 2013.indd 28 04/12/ :02
31 For further details and a full list of sources, please visit or use the QR code above You can sign up to support the TPA for free by visiting Financial support for the EU Fiscal Factbook was provided by the Politics and Economics Research Trust (charity number ) A115 EU fiscal review booklet 2013.indd 29 04/12/ :02
32 Reforming taxes, cutting spending and protecting taxpayers A115 EU fiscal review booklet 2013.indd 30 04/12/ :02
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