The European Union has decided to charge London money until at least 2020

The European Union has decided to charge London money until at least 2020

London will have to pay money to Brussels until at least 2020. According to European Commissioner günther Oettinger, due to the obligations previously assumed by London. Despite the fact that Britain should leave the EU in 2019, a program with her participation will end only in 2023.

As reported by EUobserver, said EU Commissioner for budget and human resurgam günther Oettinger.

According to officials, this is due to the obligations previously assumed by London. Despite the fact that Britain should leave the EU in 2019, a program which she promised to Fund, and will be implemented after this period. It is estimated that the Kingdom will finally settle their obligations by 2023.

According to estimates Oettinger, the result of Brexit the EU budget will annually lose about 12 billion euros. This shortfall is planned to be covered with budget cuts and increased payments to other member States of the EU.

The decision to withdraw Britain from the European Union was adopted by referendum on 23 June 2016. The rejection of EU membership was supported by more than half of voters. March 28 2017 the Prime Minister Theresa may has signed a letter notifying EU authorities of the formal start of procedure Brexit. Negotiations on the conditions will take two years.

Some EU politicians believe that London have to pay the EU compensation for the abandonment of the common market. Is the sum of 100 billion euros. But in the UK say that is not going to pay, and if negotiations about the conditions of release will come to a standstill, then London is ready to implement without Brexit negotiations with Brussels.

HelpBritain launched the Brexit. What’s next?Prime Minister Theresa may has notified EU authorities of the formal procedure is to run for the country’s exit from the EU.Read more

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