Brexit, The Economy and House Prices (Part 2)

cogito

gfplux wrote: »

I assume you have lost the link.
Here it is
https://ec.europa.eu/commission/sites/beta-political/files/essential-principles-financial_settlement_en_0.pdf

The 11 pages listing the possible items that would make up the Divorce bill.
David Davis and Uncle Tom Cobly have had this paper for a month.
At present there IS NO GAP between the two sides as only one side (the EU) have presented a list of things.

At least with Citizens rights both side have published papers. First the EU followed by Britain two weeks later. The EU have verbally criticised the British paper but at present nothing has been heard officially in response from Britain.
Your point about the USA has no relevance as Brexit is about keeping as much the same as before.

This is the link to the EU paper on Citizens Rights
https://ec.europa.eu/commission/sites/beta-political/files/essential-principles-citizens-rights_en_0.pdf

I am aware of this document. For your part, you might like to look up 'reste a liquider' and ask yourself what this has got to do with the UK after we leave. Unfunded future liabilities are not our problem.

cogito

[QUOTE=kabayiri;72828

The EU rule books themselves are deficient in that they don't define upfront what the leaving costs would or should be. Maybe they should fix their books.

I'd not join any club which decided it would make up a leaving bill for me at some point in the future.

There's a side benefit to this. Once we all know how the cost is calculated in detail, we can then ensure it gets applied fairly to any other country which chooses to leave the EU in the future. Why? Well, we can't have bias and favouritism right.[/QUOTE]

Now there's the thing. If a net contributor has to pay an exit fee, does that mean that if a net recipient decides to leave, the EU pays for them to go away. Thought not.

kabayiri

cogito wrote: »

I am aware of this document. For your part, you might like to look up 'reste a liquider' and ask yourself what this has got to do with the UK after we leave. Unfunded future liabilities are not our problem.

I also do not see why agencies need to leave, and all their costs picked up by UK if they do. If a new country acquires an agency, then by extension they should pay a welcome cost.

I fully understand why the EU side would wish to over egg the pudding so to speak. It's an opening gambit but short on detail.

kabayiri

cogito wrote: »

Now there's the thing. If a net contributor has to pay an exit fee, does that mean that if a net recipient decides to leave, the EU pays for them to go away. Thought not.

It's very clear. This is almost a test case.
(but perhaps we should also examine Greenland in '85 for any possible precedents)

What rules the EU is able to apply to UK regards leaving costs must apply to any other state regardless of their financial state. Law and rules should not favour rich over poor or vice versa.

Otherwise, a future UK might seek to challenge any agreement arrived at through the courts.

mayonnaise

gfplux wrote: »

I assume you have lost the link.
Here it is
https://ec.europa.eu/commission/sites/beta-political/files/essential-principles-financial_settlement_en_0.pdf

The 11 pages listing the possible items that would make up the Divorce bill.
David Davis and Uncle Tom Cobly have had this paper for a month.
At present there IS NO GAP between the two sides as only one side (the EU) have presented a list of things.

Do you know if someone on the UK side is drafting an equivalent paper and when it will be released? Or do we just rely on Boris' 'go whistle'?

Arklight

The EU gives the thumb screws another turn:


http://www.independent.co.uk/news/uk/politics/brexit-latest-news-eu-uk-divorce-bill-pay-european-union-right-to-stay-five-days-michel-barnier-a7836911.html

kabayiri

cogito wrote: »

I am aware of this document. For your part, you might like to look up 'reste a liquider' and ask yourself what this has got to do with the UK after we leave. Unfunded future liabilities are not our problem.

Leaves me gobsmacked. £259bn black hole!

It's like an open ended financial commitment, because of a lack of economic planning and competence at the EU core.

Perhaps they should look at why the social cohesion budget is so large, and why it gets targeted at specific countries.

gfplux

cogito wrote: »

I am aware of this document. For your part, you might like to look up 'reste a liquider' and ask yourself what this has got to do with the UK after we leave. Unfunded future liabilities are not our problem.

Unfunded future liabilities are definitely not Britains problem EXCEPT if Britain had guaranteed to pay its share of any underfunded or unfunded projects that have been planned and agreed in Britains presence during the present Budget that runs to 2020.

A little like a parent guaranteeing the rental payment of a student. It may never cost a cent.

gfplux

Arklight wrote: »

The EU gives the thumb screws another turn:


http://www.independent.co.uk/news/uk/politics/brexit-latest-news-eu-uk-divorce-bill-pay-european-union-right-to-stay-five-days-michel-barnier-a7836911.html

Mondays meeting is going to be "interesting" I hope there is a live press conference. The first meetings press conference was carried live and in full on BBC news 24.
Presently on holiday in France with no BBC TV so hoping that somewhere on the internet will cover it.

Off to the beach.

andrewf75

I have to say while I'm generally critical of the UK's approach to Brexit, I can't quite see why an exit fee is justified. I get that we have made commitments for things, but equally we have paid for things that we will no longer have access to so it should balance itself out.
But I think its something that is hard to have a balanced opinion on without understanding it more than most of us ever could.