Juncker frets about EU budget after loss of Britain's funds

Author: Adam Button | Category: News

EU can't afford commitments

Juncker said the EU budget will have to be bigger than 1% of EU GDP if member nations hope to fund all its policies.

How about a bit of austerity? Maybe try to stretch the budget a bit further by cutting some of the bloat?

He said Brexit will leave the EU with a budget gap of 12-13 billion euros, annually.

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