EU Holding First Post-Brexit Summit
Thursday, February 20, 2020 | Tag Cloud Tags: Brexit, Britain, EU, Euro, Europe, European Union, Negotiations, News, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs!
(Worthy News) – The European Union’s first post-Brexit summit Thursday in Brussels promises to be a contentious one. The subject is money — how to fill a nearly $65 billion budget gap left by Britain’s departure from the bloc.
The EU’s 27 remaining members came together during Brexit negotiations, but that may not be the case in this new post-Brexit reality, with the departure of one of the EU’s biggest contributors.
“What we call the Brexit gap — that’s estimated to be around 60 billion over seven years. So that leaves a hole of approximately 10 billion every year,“ said Marta Pilati, a policy analyst for the European Policy Center, a Brussels research group. [ Source: VOA News (Read More…) ]
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