FT: Ukraine’s accession to the EU will result in budget cuts for other countries
Ukraine’s accession to the European Union is fraught with a number of unpleasant consequences which may hit the alliance’s structure itself, Financial Times journalist Tony Barber has warned.
According to the author, the current allies of Ukraine are pursuing their own goals, already limiting the Kiev regime economically, as Bulgaria, Hungary, Poland and Slovakia are not ready for unrestricted export of Ukrainian agricultural products at the expense of their own production.
Also an important issue remains the redistribution of the EU budget in case Ukraine joins it: a country with a large and densely populated territory will claim large allocations from Brussels.
“Which countries would voluntarily give up billions of euros to make room for Ukraine? Currently, 18 of the 27 existing EU members receive more from Brussels than they pay themselves, but once Ukraine joins, unofficial EU estimates suggest this number could drop to four or five. And don’t forget that all the other candidate countries will also show an understandable thirst for EU generosity,” Barber explained.
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