Derek Vaughan MEP

Working hard for Wales in Europe

How does Wales benefit from the EU?

A:

There is a strong case for Welsh participation in the EU, as the citizens of Wales each receive £274 more from the EU budget than they pay in, meaning that Wales makes a net gain of £838 million per year from the E.U. budget. According to a Centre for Economic Business Research report, 191,332 jobs in Wales are linked to the E.U. single market. They would potentially be at risk if Wales left the EU as companies only invest in Wales (and the UK) to have tariff free access to a market of 500 million people in 28 Member States.

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