Relevant information has become known with the study of the European Parliament.
To compensate for financial losses, Germany, while maintaining the current budget, the EU will have to increase its allocations to Brussels by 16%, which is approximately 3.8 billion euros.
It is noteworthy that Brexit will not only increase the financial burden on the 27 EU countries, but will also lead to a change in the distribution of the load. Thus, the annual payments of France will increase by 1.2 billion, Italy by a billion.
It is noted that the actual figures for the additional contributions, however, may differ from the projected ones. It depends on the changes in the EU's financial and budgetary policy after the United Kingdom leaves this organization.
It is possible that in Brussels they will come to a conclusion about the reduction of budget expenditures or will try to find sources of additional revenues to the treasury.
As previously reported in URA-Inform, the UK government plans to legislate the exact time of the country's withdrawal from the European Union. According to the agency, the withdrawal of the kingdom from the EU should take place on March 29, 2019 at 23:00 London time.