In quoting from this video, I would hate readers to get the impression that Daniel Hannan is, one again, 'flavour of the month'; however it seems that the nearest thing to an official cost/benefit analysis of EU membership has been conducted.
In the last Commission Verheugen carried out a survey of the cost of European regulations which found that the net impact was 600billion euros per annum. The Commission's own figures of the benefits of the single market are 120billion euros per annum. As they say: Go do the maths!
As an afterthought, I wonder if the benefits included the fiddling of trade figures?
Just asking..............................
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15 years ago
