Britain Should Pay into EU Budget Until 2020

Britain should keep contributing to the European Union’s seven-year budget until the end of the budgetary period in 2020, even though it could leave the EU in 2019, Poland’s deputy foreign minister said.

Konrad Szymanski spoke a day after he met the European Commission’s main Brexit negotiator, Michel Barnier, and the head of the EU’s internal Brexit task force, Didier Seeuws. They are holding meetings with representatives of all 27 countries remaining in the EU to find out what their positions are.

“I think the EU will stand on the position that in the current financial framework Britain’s budget contributions should be upheld,” Szymanski told reporters on Thursday.

Reuters

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.