The European Commission has unveiled a reflection paper on the future EU budget, amid concerns that the departure of the UK - a net contributor - would stretch the current resources.
"We won't have the UK with us any more, but they were net payers ... so we will have a gap of €10 billion to €11 billion a year," EU budget chief Gunther Oettinger told a news conference in Brussels on Wednesday (28 June), referring to the fact that Britain paid more into the budget than it got back.
Back our independent journalism by becoming a supporting member
Already a member? Login here