Brussels
The divorce agreement reached in extremis between the United Kingdom and the European Union avoids chaos.
However, it does not prevent collateral damage: loss of income, new costs and administrative formalities.
The Europeans, who were aware of these negative impacts well in advance, decided at the marathon summit last July to create an envelope of just over 5 billion euros to deal with them.
The content of the December 24 agreement now known, concrete things can now begin.
The European Commission has thus presented the details of its proposal.
Exceptionally, it proposes that 80% of the funds of this “adjustment reserve” - ie 4.24 billion - be disbursed in the form of pre-financing in 2021, for use by the States until 2023. The 1.4 billion remaining would be distributed in 2024.
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