Re: Withdrawal Bill The Costs.
Originally Posted by swimfeeders
A long Read, but worth it.
This is exactly what we have signed up to.
It is a legally abiding agreement, signed by Boris.
It is enforceable in the International Courts, the ECJ have no jurisdiction over it.
To those who say we should not pay it and just walk away, the cost would be massively more.
We would be in default, nobody would trust us.
As you can see from the payments, the EU is not going to go bust this year or next year.
In the media, and on this forum, many have said the EU, member countries, want to keep the UK in the EU because after the UK leaves other countries will have to pay more.
Discussions around the mff 2021-2027 seem to underpin that notion. However, as I stated before, the increase in budget is due to new policies especially on environmental protection.
The withdrawal deal has an important principle, as you can read in the link swimfeeders provided.
The UK and EU agreed some principles for the settlement:
no EU Member State should pay more or receive less because of the UK's withdrawal from the EU;