EU may offer Britain installment plan for disputed bill

Series Title
Series Details 06.11.14
Publication Date 06/11/2014
Content Type

EurActiv reported that a possible compromise in the budget dispute between the United Kingdom and the European Union was emerging in November 2014. The UK would still need to pay the full amount of the new demand, but could pay in interest free installments.

The question was due to be discussed at an ECOFIN Council meeting on the 7 November 2014.

The new UK European Commissioner Lord Hill called for a period of calm, in an interview with the BBC, in the row about the UK's refusal to pay the £1.7bn extra demand.

Source Link http://www.euractiv.com/sections/euro-finance/eu-may-offer-britain-installment-plan-disputed-bill-309800
Related Links
ESO: Background information: The UK’s £1.7 billion EU bill puts the country one step closer to a ‘Brexit’ http://www.europeansources.info/record/the-uks-1-7-billion-eu-bill-puts-the-country-one-step-closer-to-a-brexit/
BBC News, 06.11.14: EU Commissioner Lord Hill urges calm on £1.7bn tax bill http://www.bbc.co.uk/news/uk-29928195
ESO: Background information: Italian presidency tries to appease Britain on EU bill http://www.europeansources.info/record/italian-presidency-tries-to-appease-britain-on-eu-bill-hungary-triggers-rule-of-law-debates-in-eu-council/
United Kingdom: Parliament: House of Commons: Committees: European Scrutiny Committee: Evidence, 04.11.14: Revised UK contribution to the EU budget http://data.parliament.uk/writtenevidence/committeeevidence.svc/evidencedocument/european-scrutiny-committee/revised-uk-contribution-to-the-eu-budget/oral/15129.html
The Guardian, 06.11.14: EU commissioner calls for calm over £1.7bn tax bill http://www.theguardian.com/world/2014/nov/06/eu-commissioner-calm-uk-tax-bill-lord-hill
The Guardian, 07.11.14: David Cameron says he will reject instalment plan for £1.7bn EU bill http://www.theguardian.com/politics/2014/nov/07/david-cameron-no-compromise-over-eu-demand
ESO: Background information: Northern Future Forum focuses on future education and novel businesses http://www.europeansources.info/record/northern-future-forum-focuses-on-future-education-and-novel-businesses/
EUObserver, 07.11.14: Low expectations on UK bill compromise http://euobserver.com/economic/126428
Deutsche Welle, 07.11.14: EU seeks deal in budget row with Britain http://dw.de/p/1DipU
Deutsche Welle, 07.11.14: UK demands 'better deal' in 2-billion-euro budget row with EU http://dw.de/p/1Disx
The Guardian, 07.11.14: UK should consider taking EU to court over £1.7bn bill, say senior Labour MPs http://www.theguardian.com/world/2014/nov/06/ed-balls-douglas-alexander-labour-uk-eu-commission-court-justice-budget-bill
UK: Parliament: House of Commons: Committees: European Scrutiny Committee: 22nd Report EU Budget 2014, November 2014 http://www.publications.parliament.uk/pa/cm201415/cmselect/cmeuleg/219-xxi/21902.htm

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