The budget plans, which will have to be agreed by the Parliament and the Member States, outline a recommended commitment of 1.279 million for the period after Britain’s exit from 2021-2027, up from EUR 1.087 billion for 2014-2020 when measured in current prices.  This proposed increase comes despite the loss of the British contribution, which Juncker is quoted as saying will leave a "hole of 15 billion euros" per year in European finances after 2020. Nevertheless, ambitious plans seek the financing of 27 new policies, including in defence and migration. The Commission’s proposals signal an important milestone in envisaging the future finances of Union without the United Kingdom and its net contribution.
 

The article in French: Les pays de l'UE se braquent sur les budgets post-Brexit

 

Sourcing and translation by European Movement International