The Portuguese Presidency of the EU Council is expected to present a new allocation method for theBrexit Adjustment Reserve fund in mid-April, according to information obtained on Monday 29 March.
The proposal should put forward a single allocation method for the pre-financing and the second tranche and rebalance in particular the threshold of 0.06% of the national GDP, proposed by the European Commission, to trigger the second tranche.
As in the European Parliament (see EUROPE 12679/10), the EU Council has been lobbying against the allocation method proposed by the European Commission (see EUROPE 12659/13), with France, Spain, Italy and Romania in a blocking minority. (Original version in French by Pascal Hansens)