Exclusive: To cover the continuing costs of Britain’s divorce from Europe, the government has accounted for £20.6bn in future payments for Brussels staff and diplomats’ pensions, as well as the UK’s pre-existing financial obligations
www.independent.co.uk
Was Brexit one of the most stupid things the U.K. ever did?
Well France are the second largest economy in the EU,the budget like ours has caused a backlash and for Barnier and government to survive he must rely on concessions to Le Pens far right National Rally for support,Le Pen has a list of demand one of which is a reduction of France’s contribution to the EU.
From POLITICO
On Monday morning, Jordan Bardella, president of Le Pen’s National Rally, said his party will vote to topple the government “barring a last-minute miracle” that Barnier would bring forward significant changes.
“The budget presented by the government is a budget of punishment that will weaken the purchasing power of our compatriots,”
he told French radio RTL.
aim of the budget is to regain control over France’s spiraling deficit, which is projected to hit 6.1 percent of the size of the economy this year. Barnier had initially planned €40 billion in spending cuts and €20 billion in tax hikes, but has already been forced to make some concessions on those numbers.
Doesn’t seem to be much use being in the EU either does it.