Explaining Brexit's Costs and Whether Britain Will Pay

    Share on Google+        
Explaining Brexit's Costs and Whether Britain Will Pay
Click on the image
The British government said in July that it "will work with the EU to determine a fair settlement of the U.K.'s rights and obligations" -- its first acknowledgment that a bill of some amount might need to be paid. But Johnson said the dollar amounts being discussed by the EU "seem to me to be extortionate." Brexit Secretary David Davis has repeatedly rejected the notion of paying a gross 100 billion euros, describing just 1 billion pounds as "a lot of money." The Times newspaper reported on March 4 that government lawyers had found no legal obligation for the U.K. to pay up. A study by the House of Lords also questioned whether there was a legal requirement to pay and calculated the bill could be as low as 15 billion euros. May has said "money paid in the past" into joint EU projects and the European Investment Bank should be taken into account. When all is said and calculated, Johnson said May 13, Brussels could end up owing Britain money .

About Us
posted-today.org shows the most important world news of the day, under the editorial criteria of their impact on Internet and social networks.
Contact
Do you have any suggestion? Contact us.

    Share on Google+        

We might need you!
Investors and business angels continue reading, please: posted-today.org is a very innovative project which has just started. We can steadily grow in visits and content and become leaders of the digital press in an ETA of 10 years. This curve of success could be considerably improved having more resources. If you stand out for your vision of the future, maybe you can help us, or the other way round.
Technology
This is not just buzzing words: posted-today.org is an example of what you get when applying state-of-the-art technologies, such as Big Data, Content Curation, Natural Language Processing (NLP), NoSQL, Cloud Computing, ...