The European Commission has asked Germany to increase contributions to the EU budget due to Brexit

The European Commission has asked Germany to increase contributions to the EU budget due to Brexit

Moscow. May 2. INTERFAX.RU — the European Commission (EC) called upon Germany in the next ten years to increase payments to the budget of the European Union 12 billion euros per year.

New costs and losses due to the upcoming British exit from the EU (Brexit) will require Germany, as the largest payer in the budget of the Union, an additional 3.5−4 billion euros per year, besides in the coming years will compensate for costs due to rising prices, said the European Commissioner for budget günther Oettinger in an interview with ARD organisations in Brussels on Wednesday.

European Commission on Wednesday presented a draft budget of the European Union for the period 2021-2027 years in the amount of 1,135 trillion euros. The budget for the current seven-year period is 1,087 trillion euros.

In connection with Brexit and the new challenges of the European Union in the areas of migration and defense Oettinger plans to reduce allocations for the needs of farmers and structural reforms in the regions, says Deutsche Welle.

Assistance to farmers will be reduced by 5%. According to Ettinger, this can lead to an increase in food prices, however, as he put it, “such is life — we have to pay as much as the market will require”.

As reported, on 23 March, the EU summit in Brussels approved the policy guidelines on relations between the European Union and UK after Brexit. Even earlier, on 19 March, the UK and the EU have reached agreement on the terms of the transition Brexit, reported British media.

The UK will leave the EU in March 2019, when the country will leave the customs Union and the common market of the EU.

A referendum on British exit from the EU was held on 23 June 2016. The majority of voters decided to support Brexit.

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