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08 January 2018

BBC: EU's Juncker: Don't believe Brexit won't happen


European Commission chief Jean-Claude Juncker says he believes Brexit will go ahead and the EU should tackle its looming budget shortfall.

"Don't believe those who say that it's not going to happen and that people in the UK have realised their error... I don't think that's going to be the case," he told a Brussels conference.

The EU budget commissioner said the UK's departure would leave a hole of about €12-13bn (£11-12bn; $14-$16bn).

Budget Commissioner Günther Oettinger said the budget gap would have to be closed with 50% spending cuts and 50% fresh money. He suggested a Europe-wide tax on plastic products as a source of extra revenue.

The Commission will publish a proposal in May this year and has urged EU leaders to agree a budget deal by May 2019. [...]

Full article on BBC



© BBC - British Broadcasting Corporation


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