The UK is on a new course of conflict with the EU after claiming that it is not in debt of a whopping £ 3.5 billion. Brexit “Divorce bill”.
For the first time Ministry of Finance Has announced an amount that it believes to be a debt for 43 years of EU membership. That’s £ 37.3 billion.
But last week, Brussels claimed the true amount was £ 40.8 billion, saying it didn’t expect London to “compet” for demand.
The UK has already begun to hand over some of its funding, from agreed development projects and scientific programs in poor areas to pensions for EU officials.
The EU is expected to pay monthly payments last week, with a total of € 6.8 billion (£ 5.8 billion) expected to be remitted in 2021. Payment will continue until 2064..
In the EU’s 2020 accounting, the total bill was € 47.5 billion (£ 40.8 billion), and a spokesperson for the European Commission said, “There is nothing to show that the whole number is in dispute.” I am.
However, Stephen Berkeley, Treasury Secretary-General, said: “The Ministry of Finance estimates that the present value of the financial settlement is £ 37.3 billion.
“This remains within the reasonable central range previously announced by the Government, adjusted for the UK’s end date of January 31, 2020.”
Berkeley has published a report entitled European Union Finances 2020. The report also lists EU programs that continue to pay despite the UK’s departure, but does not list the relevant amounts.
they are; horizon Europe (scientific research), Euratom research (nuclear innovation), fusion energy (fusion research), Copernicus (earth observation).
In addition to the ever-changing “proportional contributions”, the United Kingdom makes “administrative contributions to the cost of running these programs.”
In addition, both the UK and the EU are funding Northern Ireland’s Peace Plus program, which is “subject to separate financing agreements.”
Not included in the list Erasmus The student exchange system, which Boris Johnson withdrew for cost reasons, previously claimed to pose no threat to Britain’s involvement.
Britain is on a new clash course with the EU after claiming it does not have a £ 3.5bn “divorce bill”
Source link Britain is on a new clash course with the EU after claiming it does not have a £ 3.5bn “divorce bill”