Ireland is another net beneficiary of EU money. This is despite the country having a per capita income much higher than Britain. How do we explain this? I suppose it does explain the behaviour of Geldof and co. pre brexit though.
Back at the beginning of this century, a small town in Spain was twinned with a similar one in Greece and the mayor of the Greek town was invited to visit his Spanish counterpart. When he did, and when he saw the lavish home of the Spanish mayor, he wondered aloud how his host could afford such a place.
“See that bridge over there?” the Spanish mayor asked. “Well, the EU gave us a grant to construct a two-lane bridge, but by building a single lane one with traffic lights at each end, I was then able to buy this place,” he said, winking at his Greek peer.
The following year, the Spaniard visited the Greek town. He was astonished at the mayor’s mansion: marble floors, a Kallista Archeo copper bathtub, gold taps, Aresline Xten chairs, plasma screens, Sartori silk rugs, a Northland refrigerator, diamond doorknobs… it was simply incredible.
When he asked him how he’d made the money to build and furnish such an amazing house, the Greek mayor said: “See that bridge over there?”