Brexit latest: 'EU needs our money' says Jacob Rees-Mogg
GETTY Jacob Rees-Mogg
The Tory Brexiteer said Brussels depended on the UK for cash which goes to subsidise other member states “to build roads in Eastern European states, or through the Common Agricultural Policy, to keep inefficient Continental farmers in business”. And he said if Theresea May stuck to her “no deal for Britain is better than a bad deal for Britain” principals she would end up with a good deal. He said Britain would owe nothing under UK, international or EU law it left without a deal and could walk away without paying a penny.
The matter is simple – they need our money Jacob Rees-Mogg
The MP said: “The matter is simple – they need our money. “They need our money, especially between March 2019 and December 2020, and we would like a trade deal. “These two are umbilically linked and no one in their right mind would want to pay £39 billion for nothing.” Mr Rees-Mogg said the structure of the EU’s budget would make the loss of Britain’s contribution particularly hard for Brussels to bear.
He said: “There is a seven-year cycle, the multi- annual financial framework, in which expenditures are set and revenues determined. “As we will leave 21 months before the current framework ends, it would be chaotic for the EU. “Not paying any money is the default position if we leave without a deal, reinforcing Theresa May’s words.” He said an EU budget shortfall would leave officials either asking Germany to pay more or eastern European member states to accept less and warnd that both alternatives would prove highly unpopular with voters.
The real Jacob Rees-Mogg Wed, February 8, 2017 Jacob Rees-Mogg is one of the biggest characters in the Tory party. Known for his RP diction, humorous speeches and staunchly pro-Brexit views, the MP for Northeast Somerset is firmly in the public eye Play slideshow AFP/Getty Images 1 of 12 Jacob Rees-Mogg poses as he delivers a petition against the provision of foreign aid at 10 Downing Street in London