The possible impact of Brexit on the EU budget and CAP funding
Negotiations about the ‘Brexit bill’ or ‘financial settlement’ will determine the extent to which the UK pays its share of the financial obligations jointly undertaken by EU countries while the UK was member of the EU. What will be the amount of the bill? How will it affect the spending on the Common Agricultural Policy?
This document was requested by the European Parliament’s Committee on Agriculture and Rural Development. It was presented at the European Parliament on November 9th, 2017 during a workshop on “implications of ‘Brexit’ for the EU agri-food sector and the CAP: budgetary, trade and institutional issues”.