EU expecting 'huge gift from Santa'

EU expecting 'huge gift from Santa'

The EU is expecting a ‘huge gift from Santa’, according to UKIP’s EU Budget Spokesman, Jonathan Arnott, as EU leaders gather in Brussels to discuss a €315 billion investment fund proposed by EU President, Jean – Claude Juncker. The fund, unveiled towards the end last month, is planned to result in €315bn investment in the EU economy in the forthcoming years, using a guarantee of €16 billion from the EU budget and €5 billion from the European Investment Bank (EIB).

Friday, 19 December 2014 Written by: Jonathan Arnott Posted in: Press releases, Budgets , 2014, Newsroom, December, Jonathan Arnott

Big budget - more eu fudge, but we still have to pay

Big budget - more eu fudge, but we still have to pay

The UK Independence Party has reacted to news of a deal being reached on the European Union's budget for 2015, with spokesman Jonathan Arnott MEP describing the agreement as a 'classic EU fudge'.  The deal will allow the European Union to enter into commitments to pay 145.3 billion euros, with actual payments coming in at 141.2.  The figures are a compromise between the European Council (which wanted little if any increase to the budget) and the European Parliament, which wanted to spend even more taxpayers' money on the European Union.  Neither side has got what they wanted, but it seems that the taxpayer will be the big loser in this deal.

Tuesday, 09 December 2014 Written by: Jonathan Arnott Posted in: Press releases, Budgets , 2014, Newsroom, December, Jonathan Arnott

EU accounts fail audit for 19th year in a row

EU accounts fail audit for 19th year in a row

"The EU's budget will always be mismanaged; the system and procedures are so complex that they are open to large-scale abuse and fraud,"writes UKIP's Jonathan Arnott MEP. "Far better, surely, not to send money to Brussels in the first place... European government does not work, will not work and can never work. "For the 19th year in a row, the EU's Court of Auditors has refused to give a clean bill of health to the EU's accounts for the year ending 31st December 2013. The EU's Court of Auditors registered an 'adverse opinion' about the legality and regularity of EU payments, blasting them as being "materially affected by error" - with almost €7 billion being paid out improperly.

Wednesday, 05 November 2014 Written by: Jonathan Arnott Posted in: Press releases, Budgets , 2014, Newsroom, November