An important essay written by Aron Lukàcs, Gergely Kovacs College for Modern Business Studies, Tatabànya
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Article n.4 of the European Constitution states that "the economic market is open to competition."
This fundamental right is, however, completely unnoticed in the lanugage field.
The use of a single language in the European Union prevents competition in a free market. This situation will soon allow a great advantage for certain cultures and states, which puts a lot of other European Member states at risk. In the long run, it will turn in to an economic obstacle for the entire European union as well.
Learning a European language costs approximately 60 billion euros a year. This does not include travel and residence costs abroad. Great Britain earned 13 billion euros in one year, only counting the number of people who went to GB in order to learn the language.
On the other hand, if we consider how much time is spent on learning a language and we monetize this number (based on the average salary of an EU worker) it would amount to a total of 210 billion euros per year.
Translation and interpretation costs are minor, but not indifferent: almost 6 billion a year, annualy. However, there are more important factors to consider, though harder to calculate.
According to an estimated cost, these factors would come up to 70 billion euros a year. Now we’ve amounted up to circa 350 billion Euros spent per year, that’s as much as 3% of the European Union’s GDP (2006).
The country’s greatest problem at the moment is not the earning, but the distribution of this sum. Great Britain is the principle beneficior of these profits, and the majority of the other European countries are losing this sum of money.
According to my estimates, every European Union citizen is indirectly paying Britain 900 euros a year.
As this process evolves, so will the profts. Assuming that in 20 years time, with a 10% interest tax, this will come up to nearly 55,000 Euros per person.