EU passes budget plan in case Brexit deal fails

(VOVWORLD) - The European Council has approved an emergency annual budget plan in case Brexit fails.
EU passes budget plan in case Brexit deal fails - ảnh 1

EU Summit in Brussels, Belgium on June 21, 2019 (Photo: Xinhua/ VNA)

If the UK refuses to contribute to EU’s budget in 2019, the EC will put forward a revised plan for funding science research and agriculture.

The UK’s exit from the EU, scheduled for the end of October, will leave a big hole in the EU’s budget, affecting its policies on foreign investment, employment, anti-terrorism activities, and the financial contributions of the remaining EU 27 members.

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