EU Threat To Withhold Britain’s £4.4 Billion Budget Rebate, Demands UK Pays £53 Billion ‘Brexit Bill’ in Two Weeks

[Right_in_Virginia]

EU Threat To Withhold Britain’s £4.4 Billion Budget Rebate, Demands UK Pays £53 Billion ‘Brexit Bill’ in Two Weeks
Breitbart, Nov 18, 2017, Liam Deacon

The European Union (EU) could withhold Britain’s €5 billion budget rebate, with negotiators issuing a two-week deadline for meeting their unwavering demand for a €60 billion (£53.6 billion) Brexit ‘divorce bill.’

The late Baroness Margret Thatcher famously secured the rebate in 1984, after arguing Britain’s contribution to EU coffers was disproportionately large as the UK received less in agriculture subsidies.

Sources have told the Telegraph the future of the €5 billion (£4.46 billion) rebate has not yet been settled with the EU and it could potentially be withheld when the UK leaves the bloc in March 2019.

So far, British negotiators have indicated they are willing to pay €20 to €50 billion. The EU wants more, has refused to compromise over the amount and threatened to block talks progressing unless its demands are met.


More: http://www.breitbart.com/london/2017/11/18/eu-could-withhold-uks-rebate-issues-two-week-ultimatum/

[Fishrrman]

"EU Threat To Withhold Britain’s £4.4 Billion Budget Rebate, Demands UK Pays £53 Billion ‘Brexit Bill’ in Two Weeks"

Hmmmmmmmmmmmmmmm
Lemmmmmeeeesseeee here....

So, if they pay £53 billion, they get 4.4 back, for a net loss of £48.6 billion.

Why not refuse to pay anything, and lose only £4.4 billion instead?

What am I missing?

[goodwithagun]

EU Threat To Withhold Britain’s £4.4 Billion Budget Rebate, Demands UK Pays £53 Billion ‘Brexit Bill’ in Two Weeks
Breitbart, Nov 18, 2017, Liam Deacon

The European Union (EU) could withhold Britain’s €5 billion budget rebate, with negotiators issuing a two-week deadline for meeting their unwavering demand for a €60 billion (£53.6 billion) Brexit ‘divorce bill.’

The late Baroness Margret Thatcher famously secured the rebate in 1984, after arguing Britain’s contribution to EU coffers was disproportionately large as the UK received less in agriculture subsidies.

Sources have told the Telegraph the future of the €5 billion (£4.46 billion) rebate has not yet been settled with the EU and it could potentially be withheld when the UK leaves the bloc in March 2019.

So far, British negotiators have indicated they are willing to pay €20 to €50 billion. The EU wants more, has refused to compromise over the amount and threatened to block talks progressing unless its demands are met.


More: http://www.breitbart.com/london/2017/11/18/eu-could-withhold-uks-rebate-issues-two-week-ultimatum/

Apparently the EU also uses Common Core math.