EU Budget (Surcharge) Debate

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Department: HM Treasury
Monday 10th November 2014

(10 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My right hon. Friend is absolutely right. Of course, we needed the agreement of all the member states for this budget deal. Any one of them could have blocked the deal, but we got the support of all the other 27 member states, not just to delay the payment and have no interest applied but permanently to change the rules.

Andrew Love Portrait Mr Andrew Love (Edmonton) (Lab/Co-op)
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For the fourth time, I think, in this House, may I press the Chancellor to tell us which Foreign Minister or which Commission official agrees with his interpretation of the rebate?

George Osborne Portrait Mr Osborne
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As I say, it required the agreement of all 28 member states to get the budget deal at ECOFIN. The discussion on the British rebate was a discussion had with the Commission. The Commission confirmed that the rebate would apply, and apply in the amount it did, only on Thursday night. The hon. Gentleman also serves on the Treasury Committee. If he, like every other Labour Member, was so wise about the number, why were they not saying this beforehand? Not a single Labour MP, either in the Chamber of the House of Commons or on the media, said anything other than that we would be paying £1.7 billion. They are trying to be wise after the event, and they have been found out.