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Image header Agence Europe
Europe Daily Bulletin No. 11723
Contents Publication in full By article 22 / 36
POTENTIAL IMPACT OF BREXIT SCRUTINISED BY EP / Budget

Does EU budget need to be downsized due to Brexit?

10/02/2017 (Agence Europe)The departure of the United Kingdom from the EU may lead to a loss of €10 billion a year from the European budget, the institute Notre Europe estimates (see EUROPE 11705). The questions this raises are as follows, a note of the committee on budgets of the European Parliament on the effects of Brexit reads: - should the size of the EU budget be adjusted and spending on EU policies reined in to plug the gap left by Brexit? - Or should the remaining 27 member countries of the EU be asked to increase the size of their contributions to maintain the level of spending unchanged? “The nature and level of the future EU-UK relationship agreement will obviously have an impact on how big an adjustment to the EU budget will be needed”, the note concludes. See: http://bit.ly/2lHfVDm   (LC)

Contents

POTENTIAL IMPACT OF BREXIT SCRUTINISED BY EP
EXTERNAL ACTION
BUSINESS
SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
NEWS BRIEFS
CALENDAR