The EU may meddle in UK finances for five years after Brexit
Despite being faced with rising Euroscepticism across the bloc, the European Union (EU) still seems to believe that ‘more Europe’ is the way forward – even for those outside the union.
Aand all EU-funded projects introduced up until 2019 will be subject to “ex-post evaluations” under plans being considered by European Parliament, sparking fury among Brexit campaigners.
UKIP MEP Bill Etheridge said the proposal showed a "staggering lack of self-awareness" and told the EU to “keep your nose out of our business and get your own house in order”.
He said: “The UK voted for independence and as an independent sovereign state we should tell the interfering super state it cannot control or monitor us anymore.
“The staggering lack of self-awareness where an economic disaster zone like the EU, with its catalogue of failures driven by the euro and its economic illiteracy, tells the UK, which has an economy that is growing what to do, is staggering."
The MEPs' proposal was blasted by Ukip
A European Parliament official had previously explained the UK was subject to these inspections due to the economic ties which would remain with bloc even after Brexit.
They said: “The UK government has promised to guarantee funding beyond the point at which the UK leaves the EU, in respect of structural and investment projects where the UK bids directly on a competitive basis.”
A spokesperson for the Parliament clarified to Express.co.uk this is just one of several options being considered by the EU.
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She said: “The [official’s quotes] are simply parts of a wider series of fact-finding documents which have been prepared by a number of MEPs in committees.
"The formal European Parliament position will be prepared by the political groups in due time.
The Parliament said financial inspections were one of several options being considered
“At this stage, the below is no more than a statement of possibilities rather than a representation of the European Union’s views.”
It comes after an Irish MEP blasted the EU for continuing to monitor its finances as part of a bailout measure – despite the fact the Republic’s economy is now booming.
Irish MEP Brian Hayes has already blasted the EU for unnecessary inspections
Brian Hayes said the six-monthly “missions” were a waste of money and indicative of the EU’s constant financial meddling.
He said: “The current post-bailout procedure for Ireland represents an excessive level of surveillance. For a country with the highest growth in the EU, it seems perverse that we have twice yearly reports assessing our economic and financial situation, along with regular missions.”
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