Brexit divorce bill

Article - Video: what is the multiannual financial framework?

Retrieved on: 
Saturday, October 3, 2020

The multiannual financial framework, or the EU long-term budget, lays down how much the European Union can invest over five to seven years on projects and programmes that strengthen Europes future.

Key Points: 
  • The multiannual financial framework, or the EU long-term budget, lays down how much the European Union can invest over five to seven years on projects and programmes that strengthen Europes future.
  • Investments funded by the EU budget benefit regions, cities, farmers, universities, businesses and all Europeans.
  • The European Parliament, directly-elected by voters across the EU, has a central role in determining the long-term budget.
  • With the current multiannual financial framework due to end on 31 December 2020, Parliament is now in negotiations with the Council and the European Commission on the 2021-2027 budget.

Brexit: the financial settlement – in detail

Retrieved on: 
Monday, March 16, 2020

The financial settlement - often labelled the 'exit bill' or 'divorce bill' - sets out how the UK and EU are settling their outstanding financial commitments to each other.

Key Points: 
  • The financial settlement - often labelled the 'exit bill' or 'divorce bill' - sets out how the UK and EU are settling their outstanding financial commitments to each other.
  • A shorter briefing Brexit: the financial settlement a summary covers what the settlement is and how much it might cost.
  • In the financial settlement (the settlement), the UK and EU have set out how they will settle their outstanding financial obligations to each other.
  • The settlement says which financial commitments will be covered, the methodology for calculating the UKs share and the payment schedule.

Brexit: the financial settlement – a summary

Retrieved on: 
Monday, March 16, 2020

The financial settlement - often labelled the 'exit bill' or 'divorce bill' - sets out how the UK and EU are settling their outstanding financial commitments to each other.

Key Points: 
  • The financial settlement - often labelled the 'exit bill' or 'divorce bill' - sets out how the UK and EU are settling their outstanding financial commitments to each other.
  • In the financial settlement (the settlement), the UK and EU have set out how they will settle their outstanding financial obligations to each other.
  • The settlement says which financial commitments will be covered, the methodology for calculating the UKs share and the payment schedule.
  • The Library briefing Brexit: the financial settlement the detail covers the settlement in more depth including topics such as the settlements origins, negotiations and the legal form it takes in the Withdrawal Agreement.

Highlights - President Michel’s MFF proposal not acceptable for Parliament's negotiating team - Committee on Budgets

Retrieved on: 
Thursday, February 20, 2020

MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.

Key Points: 
  • MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.
  • The Withdrawal Agreement contains a financial settlement setting out the formula for calculating future UK contributions to the EU budget.
  • The UK has, inter alia, committed itself to fully participating in the 2020 EU budget.
  • In return, the UK will continue to receive funding from EU programmes under the 2014-2020 budget plan.

Brexit: the financial settlement - in summary

Retrieved on: 
Saturday, February 15, 2020

In the financial settlement (the settlement), the UK and EU have set out how they will settle their outstanding financial obligations to each other.

Key Points: 
  • In the financial settlement (the settlement), the UK and EU have set out how they will settle their outstanding financial obligations to each other.
  • The settlement says which financial commitments will be covered, the methodology for calculating the UKs share and the payment schedule.
  • Broadly speaking, the settlement can be split into three components:

    Not everything in the settlement fits neatly into these three components.

  • The Library briefing Brexit: the financial settlement the detail covers the settlement in more depth including topics such as the settlements origins, negotiations and the legal form it takes in the Withdrawal Agreement.

Highlights - Plenary debate on the EU's long-term budget ahead of a crucial MFF summit - Committee on Budgets

Retrieved on: 
Monday, February 10, 2020

MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.

Key Points: 
  • MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.
  • The Withdrawal Agreement contains a financial settlement setting out the formula for calculating future UK contributions to the EU budget.
  • The UK has, inter alia, committed itself to fully participating in the 2020 EU budget.
  • In return, the UK will continue to receive funding from EU programmes under the 2014-2020 budget plan.

Highlights - What results has the European Fund for Sustainable Development brought so far? - Committee on Budgets

Retrieved on: 
Monday, February 10, 2020

MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.

Key Points: 
  • MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.
  • The Withdrawal Agreement contains a financial settlement setting out the formula for calculating future UK contributions to the EU budget.
  • The UK has, inter alia, committed itself to fully participating in the 2020 EU budget.
  • In return, the UK will continue to receive funding from EU programmes under the 2014-2020 budget plan.

Highlights - EPW 2020: How to make the next MFF fit to address global challenges? - Committee on Budgets

Retrieved on: 
Friday, February 7, 2020

MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.

Key Points: 
  • MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.
  • The Withdrawal Agreement contains a financial settlement setting out the formula for calculating future UK contributions to the EU budget.
  • The UK has, inter alia, committed itself to fully participating in the 2020 EU budget.
  • In return, the UK will continue to receive funding from EU programmes under the 2014-2020 budget plan.

Highlights - Kicking off preparations for EP position on EU's 2021 budget - Committee on Budgets

Retrieved on: 
Tuesday, February 4, 2020

MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.

Key Points: 
  • MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.
  • The Withdrawal Agreement contains a financial settlement setting out the formula for calculating future UK contributions to the EU budget.
  • The UK has, inter alia, committed itself to fully participating in the 2020 EU budget.
  • In return, the UK will continue to receive funding from EU programmes under the 2014-2020 budget plan.

Highlights - Budgetary implications of Brexit: State of play and outlook - Committee on Budgets

Retrieved on: 
Monday, February 3, 2020

MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.

Key Points: 
  • MEPs will continue to play a key role in deciding the outcome of these talks as any agreement has to be approved by the European Parliament and the Council.
  • The Withdrawal Agreement contains a financial settlement setting out the formula for calculating future UK contributions to the EU budget.
  • The UK has, inter alia, committed itself to fully participating in the 2020 EU budget.
  • In return, the UK will continue to receive funding from EU programmes under the 2014-2020 budget plan.