Saturday, 6 August 2016

THE BILL FOR WITHDRAWAL

BuzzFeed has an item (HERE) that claims because large infrastructure and other EU spending is spread over several years, even after we formally leave we will have to pay around 25 billion Euros as our contribution to programmes that we signed up to before the 23rd June vote.

It puts the total spending commitments at 217 billion Euros at the end of last year (see HERE) and citing a report in the German newspaper Handelsblatt, it says our part of the bill is 25 billion Euros. Something else to occupy our negotiators in those long winter nights.

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