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Europe Daily Bulletin No. 12345

10 October 2019
INSTITUTIONAL / Budget
Günther Oettinger prepares an emergency measure if the United Kingdom does not pay its contribution for 2020
Brussels, 09/10/2019 (Agence Europe)

European Budget Commissioner Günther Oettinger said on Wednesday 9 October in Brussels that his services were preparing an emergency proposal in case the United Kingdom refused to pay its contribution to the EU budget for 2020 due to a disorderly Brexit.

At a press conference, Mr Oettinger recalled that the exit from the United Kingdom is expected to result in losses to the EU budget of €12 billion in 2021 to €14 billion in 2027, a loss of €84 billion over 7 years.

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SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
NEWS BRIEFS