CLEAN : Chances of EU budget deal

The video discusses the implications of allowing EU member states to set their own regulations, which could threaten the single market. It highlights the UK's potential role in agricultural reform and the political pressures faced by various governments due to upcoming elections. The EU budget's macroeconomic impact is minimal, yet it remains a contentious issue.

What would be the consequence if each EU member state set its own regulations?

• It would lead to economic growth.

• There would be no change.

• The single market would end.

• The single market would thrive.

What has the UK historically supported but not strongly advocated for in negotiations?

• Increased agricultural spending

• Reducing trade barriers

• Radical reform of the Common Agricultural Policy

• Maintaining the status quo

Which government is not in favor of concessions on agricultural spending?

• Italian Government

• German Government

• French Government

• Dutch Government

What happens if the EU does not reach a budget agreement by the end of the year?

• The EU disbands.

• The previous budget is extended indefinitely.

• A rolling annual budget is introduced.

• A new seven-year budget is automatically implemented.

What is the macroeconomic impact of the EU budget?

• It has no macroeconomic effect.

• It significantly boosts economic growth.

• It stabilizes the economy.

• It causes economic decline.