Britain's EU Rebate Threatened
  • 6 years ago

On Friday the European Union’s budget chief Guenther Oettinger said Britain would lose its rebate even in the “pleasant but improbable” event of it staying in the bloc. Reuters reports after Brexit, the EU wants to wind down in stages all the rebates, including those that the Netherlands or Denmark enjoy. The bloc’s executive European Commission has proposed to have none in the next common budget for 2021-2024.