Submitted on Tuesday 2nd December 2014
Published on Thursday 11th December 2014
Current status: Closed
Closed: Monday 30th March 2015
Signatures: 293
Tagged with
Britain ~ EU ~ Money ~ Parliament ~ UK
More taxpayer’s money at risk of being swallowed by the black hole called the EU; InvestEU and its potential risk to the UK.
The European Commission President Jean-Claude Juncker has announced a rescue plan for the faltering Eurozone by announcing a €315 billion investment plan to save Europe. It is called InvestEU, and that a major part of the backing comes from Britain. If Mr Juncker's fund goes bust, the UK will be liable for up to total of €38 billion euros (£30.2 billion).
Parliament must debate whether it is wise that Britain should put so much of our own capital at risk in order to save the Eurozone.
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