Clearly the EU's caving in to the UK's demands:
I expect the Mail or Telegraph to claim that ze Germans want to steal five billion quid from poor bullied England.
Brexit UK to lose EU rebate in 2021 'even in extended transition'
No discount beyond end of 2020 owing to start of new EU budget, says senior Brussels source
The UK will lose its rebate from the EU at end of 2020 if it seeks to extend the Brexit transition beyond then, the Guardian has learned.
The loss of the rebate, which to some has been a symbol of British influence in Europe since Margaret Thatcher demanded “our money back”, is expected to fuel Tory Brexiters’ demands to keep the transition period as short as possible.
The rebate on the UK payments to the EU budget is worth £4.5bn a year on average. The money is never sent to Brussels, one aspect of the misleading claim on the leave campaign bus.
(…)
EU insiders said before the June 2016 referendum that it would take about five years to negotiate a trade deal with the UK. Some diplomats think the 21-month transition is not long enough.
The EU is expected to include an option to extend the transition in the Brexit withdrawal text. The first complete draft of the Brexit treaty is likely to be discussed by EU ambassadors next Wednesday.
The end date is only one area the UK disagrees with the EU on the transition. Other disputes include the cut-off date for allowing EU citizens to retain full rights in the UK, and the role of the European court of justice.
In 2015 the UK paid £10.8bn to the EU budget, but this would have been £15.7bn without the rebate.
Thatcher was lionised by Tory Eurosceptics after she secured the discount in 1984, although France remembers the decision as a defeat for the British because the Tory leader had wanted an even bigger chèque britannique. The European budget at that time was spent on farmers, a tiny part of the UK economy.
As the UK became richer relative to other member states, the rebate led to resentment. Austria, Germany, the Netherlands and Sweden were given a rebate on their contributions to the British rebate in 2014.
The European commission wants to sweep away all rebates that have made the EU budget eyewateringly complicated to administer and difficult to explain to the public.
(…)
No discount beyond end of 2020 owing to start of new EU budget, says senior Brussels source
The UK will lose its rebate from the EU at end of 2020 if it seeks to extend the Brexit transition beyond then, the Guardian has learned.
The loss of the rebate, which to some has been a symbol of British influence in Europe since Margaret Thatcher demanded “our money back”, is expected to fuel Tory Brexiters’ demands to keep the transition period as short as possible.
The rebate on the UK payments to the EU budget is worth £4.5bn a year on average. The money is never sent to Brussels, one aspect of the misleading claim on the leave campaign bus.
(…)
EU insiders said before the June 2016 referendum that it would take about five years to negotiate a trade deal with the UK. Some diplomats think the 21-month transition is not long enough.
The EU is expected to include an option to extend the transition in the Brexit withdrawal text. The first complete draft of the Brexit treaty is likely to be discussed by EU ambassadors next Wednesday.
The end date is only one area the UK disagrees with the EU on the transition. Other disputes include the cut-off date for allowing EU citizens to retain full rights in the UK, and the role of the European court of justice.
In 2015 the UK paid £10.8bn to the EU budget, but this would have been £15.7bn without the rebate.
Thatcher was lionised by Tory Eurosceptics after she secured the discount in 1984, although France remembers the decision as a defeat for the British because the Tory leader had wanted an even bigger chèque britannique. The European budget at that time was spent on farmers, a tiny part of the UK economy.
As the UK became richer relative to other member states, the rebate led to resentment. Austria, Germany, the Netherlands and Sweden were given a rebate on their contributions to the British rebate in 2014.
The European commission wants to sweep away all rebates that have made the EU budget eyewateringly complicated to administer and difficult to explain to the public.
(…)
I expect the Mail or Telegraph to claim that ze Germans want to steal five billion quid from poor bullied England.
