EU sees 22 billion euros of new budget funds from plastics, CO2, corporate tax

Brussels (Reuters) - The European Commission will provide new funds for the group's budget on Wednesday to help the UK fill the gap left by exits from digital services, plastic waste and carbon emissions tax next year It should be said.

The new funding will amount to about 22 billion euros ($ 26.4 billion) annually between 2021 and 27 years, accounting for about 12% of the total budgetary income of the EU.

The Committee hopes that 3% of the joint corporate tax base will adjust domestic tax reduction rules, including digital service companies. It said the budget may increase by € 12 billion annually.

It also suggests that Member States use 20% of the domestic emissions trading system auction income against the EU budget of 3 billion euros per year.

The EU government also donates 80 cents per kilogram of non recycled plastic packaging waste with an estimated total budget of 7 billion euros.

Turkey has many incentives to continue participating in the process. Turkey has received € billion in funds from the pre-participation fund with a budget of 45 billion euros between 2014 and 2020. Because of the political conflict with Turkey, the EU is beginning to reduce these funds, so feasibility of this ratio will soon become apparent. Many decisions of the ECB are political and Turkey expects loan approval, so we need to consider the financial relationship with the EU as well. Since 1996, the economies of Turkey and the EU have been closely tied up through customs union alliances. Turkey is now the fourth largest trading partner of the EU, while the EU is Turkey's second largest trading partner and Turkey's exports have reached 41%. This agreement is doing a good job for both parties, but it is very limited by the key areas such as agriculture and public procurement, billions of worthlessness, and favor by the EU for free trade subsidies ing.

One area of ​​concern is the economic view that the UK contributed about 13 billion euros in the EU budget year, of which the UK gained tax refund of EUR 5 billion, so the net contribution amounted to EUR 5 billion . This is the amount UK pays to the EU every year, sometimes it is "membership fee". The EU spends about EUR 5 billion from the British EU budget. Therefore, some people think that if the UK withdraws from the EU, this money can be used to make better use of their own development and progress. But the UK "sustainable" group ensures that if the country withdraws, the economic situation of that country will worsen.

Before Brexit, the UK retained all of its EU 's rights, and the EU is trying to increase its budget. And the UK refuses the possibility of an increase in the EU budget that will reach 4 billion euros in the short term. Jens Geier of the German Ministry of Environmental Protection said the continuation of veto power in the UK had a widespread effect, "It hurts us." On June 19, 2017, David Davis arrived in Brussels and began negotiations with Michel Barnier. The terms of the mandate were agreed, the schedule for 4 weeks was decided, the 5th negotiation took place on the week starting from October 9th. Group negotiations on three themes: the rights of EU citizens residing in the UK, and vice versa, the unpaid financial obligations to the EU against the UK, and the border between Northern Ireland and the Republic of Ireland