AP, Brussels :
European leaders – minus Britain’s prime minister – are meeting to discuss how the bloc will cope with a multibillion-euro hole in its budget caused by Brexit.
Lithuanian President Dalia Grybauskaite, a former EU budget commissioner, said Friday the meeting will gauge the EU’s ambitions as it sets a new multiyear budget for the post-Brexit era.
She says leaders kicking off what are likely to be months of acrimonious wrangling have a choice, “to increase the budget and find new resources, European resources or taxes, or to reduce some other old programs.”
European leaders – minus Britain’s prime minister – are meeting to discuss how the bloc will cope with a multibillion-euro hole in its budget caused by Brexit.
Lithuanian President Dalia Grybauskaite, a former EU budget commissioner, said Friday the meeting will gauge the EU’s ambitions as it sets a new multiyear budget for the post-Brexit era.
She says leaders kicking off what are likely to be months of acrimonious wrangling have a choice, “to increase the budget and find new resources, European resources or taxes, or to reduce some other old programs.”
