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About this quote

What does it mean?
Thatcher requests repayment of Britain's contribution to the European Community rather than new funds.
In plain terms
Britain wants its own money back from the Community.
What can you take from it?
Ensure contributions to international bodies are fairly refunded.

Where it applies

  • budget negotiations
  • international treaties
  • fiscal policy

Putting it to work

  • audit international contributions
  • negotiate rebates

Questions to consider

  • What defines a fair financial contribution?
  • How do nations protect economic interests?

Another view

It assumes all contributions are recoverable without political cost.

More from Margaret Thatcher

  1. Pennies don't fall from heaven, they have to be earned here on earth.

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  2. No-one would remember the Good Samaritan if he'd only had good intentions; he had money as well.

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  3. I have thought long and deeply about the post of Foreign Secretary and have decided to offer it to Peter Carrington who - as I am sure you will agree - will do…

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