This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
Belgium: 'UK's €2.1 bln EU invoice to be halved by rebate,' confirms commissioner01:11

Belgium: 'UK's €2.1 bln EU invoice to be halved by rebate,' confirms commissioner

Belgium, Brussels
November 7, 2014 at 14:09 GMT +00:00 · Published

The European Commissioner for Financial Programming confirmed at a press conference in Brussels on Friday that a €2.1 billion (£1.7 billion) budget surcharge would be halved for Britain by the time it came to be paid. Kristalina Georgieva said this is because a rebate would cancel out much of the original bill by the time it came to be paid. She also outlined measures to mitigate the effects of such budgetary irregularities in the future.

The budget surcharge caused considerable distress when it was presented to the British Prime Minister David Cameron at a meeting on October 23. Other EU member states, such as the Netherlands, Malta, and Cyprus were also asked to pay unusually large sums in addition to their normal contribution to the EU budget.

Belgium: 'UK's €2.1 bln EU invoice to be halved by rebate,' confirms commissioner01:11
Pool for subscribers only
No Account? Sign up!
Description

The European Commissioner for Financial Programming confirmed at a press conference in Brussels on Friday that a €2.1 billion (£1.7 billion) budget surcharge would be halved for Britain by the time it came to be paid. Kristalina Georgieva said this is because a rebate would cancel out much of the original bill by the time it came to be paid. She also outlined measures to mitigate the effects of such budgetary irregularities in the future.

The budget surcharge caused considerable distress when it was presented to the British Prime Minister David Cameron at a meeting on October 23. Other EU member states, such as the Netherlands, Malta, and Cyprus were also asked to pay unusually large sums in addition to their normal contribution to the EU budget.

Top downloads in last 24 hours
Pool for subscribers only
02:14
Myanmar: Gunshots heard at mass anti-coup protest in YangonMyanmar: Gunshots heard at mass anti-coup protest in Yangon
February 28, 2021 at 22:43 GMT +00:00
Pool for subscribers only
02:49
ISS: NASA astronauts perform spacewalk to begin solar array upgrade processISS: NASA astronauts perform spacewalk to begin solar array upgrade process
February 28, 2021 at 20:10 GMT +00:00
04:23
Japan: ‘Mizugyo’ ritual participants purify bodies under freezing waterJapan: ‘Mizugyo’ ritual participants purify bodies under freezing water
March 1, 2021 at 02:01 GMT +00:00
01:26
Syria: Israeli missiles intercepted over Damascus - state mediaSyria: Israeli missiles intercepted over Damascus - state media
March 1, 2021 at 06:49 GMT +00:00
01:22
France: Sarkozy arrives in court to face verdict in corruption trialFrance: Sarkozy arrives in court to face verdict in corruption trial
March 1, 2021 at 12:55 GMT +00:00
Pool for subscribers only
00:23
Sudan: Russian frigate enters Port Sudan for first timeSudan: Russian frigate enters Port Sudan for first time
February 28, 2021 at 20:30 GMT +00:00
02:41
Israel: Hundreds of ultra-Orthodox Jews flout COVID restrix to celebrate Purim on streets of JerusalemIsrael: Hundreds of ultra-Orthodox Jews flout COVID restrix to celebrate Purim on streets of Jerusalem
February 28, 2021 at 18:16 GMT +00:00
00:59
France: Sarkozy leaves court after corruption verdictFrance: Sarkozy leaves court after corruption verdict
March 1, 2021 at 13:31 GMT +00:00
02:28
Iraq: Restoration of Virgin Mary statue decapitated by IS underway ahead of pope visitIraq: Restoration of Virgin Mary statue decapitated by IS underway ahead of pope visit
February 28, 2021 at 16:52 GMT +00:00
02:59
Thailand: Protester injured as thousands join anti-govt march to PM's army base home in BangkokThailand: Protester injured as thousands join anti-govt march to PM's army base home in Bangkok
February 28, 2021 at 17:24 GMT +00:00
03:25
Netherlands: Police break up rally by hundreds of COVID sceptics in AmsterdamNetherlands: Police break up rally by hundreds of COVID sceptics in Amsterdam
February 28, 2021 at 21:48 GMT +00:00
Pool for subscribers only
01:51
Italy: Archaeologists discover ancient Roman processional chariot near PompeiiItaly: Archaeologists discover ancient Roman processional chariot near Pompeii
February 28, 2021 at 11:28 GMT +00:00
Pool for subscribers only
00:55
Antarctica: Gigantic iceberg separates from Brunt Ice ShelfAntarctica: Gigantic iceberg separates from Brunt Ice Shelf
February 28, 2021 at 06:10 GMT +00:00
01:49
Armenia: Opposition accuse authorities of 'provocation attempts' during Yerevan rallyArmenia: Opposition accuse authorities of 'provocation attempts' during Yerevan rally
February 27, 2021 at 19:23 GMT +00:00
Pool for subscribers only
03:56
Armenia: PM Pashinyan labels presidents's decision not to fire head of General Staff as 'strange'Armenia: PM Pashinyan labels presidents's decision not to fire head of General Staff as 'strange'
February 28, 2021 at 17:49 GMT +00:00
03:11
Armenia: Protesters storm government building in YerevanArmenia: Protesters storm government building in Yerevan
March 1, 2021 at 16:15 GMT +00:00
05:58
Japan: Uni researchers find water from hot springs kills coronavirus in KusatsuJapan: Uni researchers find water from hot springs kills coronavirus in Kusatsu
February 28, 2021 at 15:31 GMT +00:00
04:35
Peruvian footballer Osama Vinladen proves that name shouldn't define his careerPeruvian footballer Osama Vinladen proves that name shouldn't define his career
March 1, 2021 at 06:07 GMT +00:00
02:30
Myanmar: At least 4 reported dead as police crack down on anti-coup protestersMyanmar: At least 4 reported dead as police crack down on anti-coup protesters
February 28, 2021 at 09:07 GMT +00:00
View all videos