The Jacques Delors Institute organises, in partnership with the Center for European Reform and France Stratégie, an expert seminar about the consequences of the British referendum on the EU budget based on two papers written by Eulalia Rubio, senior researcher at the JDI, Jorg Haas, reseracher at the JDI-Berlin, and Alex Barker, chief of the Brussel office at the Financial Time.
15h00 > 15h15 – Introduction
Vincent AUSSILLOUX, Director of the Economie-Finance department at France Stratégie
Yves BERTONCINI, Director of the Jacques Delors Institute
15h15 > 15h45 – Presentation of the two papers
Alex BARKER, Brussels bureau chief, Financial Times
Eulalia RUBIO, Senior researcher, Jacques Delors Institute
15h45 > 17h00 – Q&A with the audience
The debate will be chaired by John SPRINGFORD, Director of research at the Centre for European Reform (CER)
Find the paper “Brexit and the EU budget: Threat or opportunity?” by Jörg Haas and Eulalia Rubio on the Jacques Delors Institute website
Find the paper “The €60 bilion Brexit bill: How to disentangle Britain from the EU budget” by Alex Barker on the CER website
The British decision to leave the EU will have important consequences for EU’s public finances. Budget issues will be central in the negotiation of the withdrawal agreement as the EU and the UK will have to reach a compromise on the so-called ‘divorce cost’, and the UK’s withdrawal from the Union will leave a permanent funding gap to the EU budget which may seriously complicate the negotiations of the next EU multiannual financial framework.
How shall we approach the negotiation of the divorce bill? What could be the basis of an acceptable compromise? What will be the amount of the funding gap left by Brexit and how could the EU adjust to this expected budget shortfall?
In this seminar we will discuss these questions on the basis of two papers recently published by the Jacques Delors Institute (JDI) and the Centre of European Reform (CER). The authors of these papers will outline the key conclusions of their papers, after which we will have an off-the-record discussion with the participants.
Registration by invitation.