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.


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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.