What does it cost to leave the EU?

Brussels blog 2017-02-09

Summary:

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How do they get to €60bn? The Commission’s arguments are becoming clearer, but it remains cagey about the precise numbers (EU-27 officials may be told more today when they meet on this subject). From some (often patchy) public data, I’ve estimated the net €60bn bill consists of: €10bn for pension promises to EU officials; around €36bn from unpaid spending commitments; and €27bn of other liabilities and promises of structural funding that will be discharged between 2019-2023. From that is deducted roughly €12bn of UK receipts, from its share of assets and commitments.

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Link:

http://blogs.ft.com/brusselsblog/2017/02/06/what-does-it-cost-to-leave-the-eu/

From feeds:

euro-exit » Brussels blog

Tags:

brussels briefing

Authors:

Alex Barker

Date tagged:

02/09/2017, 03:55

Date published:

02/06/2017, 10:13