Finland advocated a reduction in the EU budget after Brexit

23 February 2018, 17:22 | Policy
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The corresponding statement he made in his column for the newspaper Helsingin Sanomat.

According to Sipil, in the future 27 EU member states will need to manage a smaller budget. Since the EU budget will be set at just above 1% of the GDP of its member countries.

He also noted that Finland's contribution to the overall EU budget would still grow as a consequence of economic growth. Currently, the state of Finland transfers the EU about 2 billion euros annually, receiving from Brussels about 1.5 billion euros.

Recall, as previously reported, "URA-Inform," the largest economic and political association of 28 European countries has already begun preparing a mechanism of sanctions against Britain, if breach of agreements reached for the time of Brexit.




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