27 June 2016

After Brexit, they realized the EU might stop sending them money

Rico says the Washington Post article by Rick Noack sounds like however the Brits would pronounce Homer Simpson's line: 'Doh!':

On Thursday, 56 percent of all voters in the southwestern county of Cornwall voted in favor of leaving the European Union. It was a decision supported by a majority of the county's members of Parliament. But, only one day later, Cornwall residents were asking:"What have we done?"
The county is heavily dependent on the more than sixty million British pounds ($82 million) in EU subsidies per year that are transferred to the region and that have helped finance infrastructure projects and education schemes. Now, county officials are panicking, fearing the worst for the county's future and wondering why one of the most E.U.-dependent counties in Britain voted against the EU and its money.
"Now that we know the UK will be leaving the E.U. we will be taking urgent steps to ensure that the UK Government protects Cornwall’s position in any negotiations," council leader John Pollard was quoted as saying on Cornwall's official governmental website. "We will be insisting that Cornwall receives investment equal to that provided by the EU program," which has averaged sixty million pounds (over eighty million dollars) per year over the past decade, Pollard said.
Cornwall can hardly afford to go without the annual EU transfers or equivalent compensation by the British government: the county, with more than a half million inhabitants, is considered one of Britain's poorest regions, and experts say further funding cuts could be catastrophic.
In a 2014 study by research community Civitas found that impoverished counties such as Cornwall would have most to lose from Brexit. The EU particularly supports poorer regions and member states with its subsidies, which is why the poorest in Britain may feel the lack of money being transferred from Brussels most.
"Cornwall is a major beneficiary of EU spending so, if Britain were to leave, then the Treasury would have to take great care in ensuring its local economy was not crippled as a result," Jonathan Lindsell, one of the study's authors, explained in an interview with the Western Morning News after the study was published in 2014.
But such warnings did not deter Cornwall residents from voting for Brexit. "Leave" campaigners had previously reassured the county that it would not lose any subsidies if it left the EU However, Cornwall officials are now worried that such reassurances might have been little more than ill-thought-out promises. "Prior to the referendum we were reassured by the ‘leave’ campaign that a decision to leave the EU would not affect the EU funding which has already been allocated to Cornwall," the council wrote in a statement on Friday. "We are seeking urgent confirmation from Ministers that this is the case," the statement continued.
Cornwall officials' fears are not unjustified: only hours after helping to convince the British to vote for Brexit, the leader of the UK Independence Party, Nigel Farage, appeared to show uncertainty whether all promises would be kept.
Some Brexit supporters had previously told voters that the $470 million the British allegedly transfer to the EU each week would be allocated to the national health-care system in case of a Brexit.
Besides immigration, the desolate state of Britain's health-care system (NHS) significantly contributed to anti-EU anger, as Euroskeptics blamed the European Union for costing the country too much and wasting resources that could be spent domestically.
But, on Friday, Farage suddenly said it was a "mistake" to have promised allocating $470 million to the NHS, and distanced himself from that campaign slogan, saying he had never agreed to it.
Rico says definitely a 'Doh!' moment...




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