Lord Ashdown of Norton-sub-Hamdon
Main Page: Lord Ashdown of Norton-sub-Hamdon (Liberal Democrat - Life peer)Department Debates - View all Lord Ashdown of Norton-sub-Hamdon's debates with the HM Treasury
EU: UK Contribution
Lord Ashdown of Norton-sub-Hamdon Excerpts(11 years, 1 month ago)
Lords ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Newby
My Lords, there is a cash limit. There is an overall payment ceiling of €908.4 billion over the next budget period. That is a cash limit.
Lord Ashdown of Norton-sub-Hamdon (LD)
Regarding my noble friend’s last answer, I do not know how much the European Union spent on creating a sustainable peace and a functional state in Bosnia-Herzegovina. However, I wonder if my noble friend would accept from me that, however much was spent, the figure amounted to tens of times less than it would have cost everybody, including British taxpayers, if there had been a return to conflict.
Lord Newby
My Lords, I am grateful to the noble Lord. I completely agree with him.