EU has three options for filling its £8.5B Brexit funding hole

Science Business

Mon, Jan 16, 2017

The UK’s contributions to the Euro club looks set to stop in the next few years, creating a problem for the long-term planning of the EU budget. German MEP Hans-Olaf Henkel considers ways of addressing the practical headache.

The UK’s future divorce from the EU will leave behind a budget black hole in Brussels. Indeed, despite the ‘Margret Thatcher rebate’, which has kept down the UK’s net contributions, the country has for a long time been the No.2 or No.3 net patron to the EU budget. On average …

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Photo: Fotolia.com | Autor: MR