Ireland's EU budget contributions could increase by €200m after Brexit, Hayes

Ireland should not be afraid of increased contributions to the EU budget after the UK’s departure  and should seek firm commitments that the EU will give Ireland clear financial support in a post-Brexit environment, Brian Hayes suggested today.

Ireland should not be afraid of increased contributions to the EU budget after the UK’s departure  and should seek firm commitments that the EU will give Ireland clear financial support in a post-Brexit environment, Brian Hayes suggested today.

“I don’t see any scenario where Member States’ budgetary contributions will remain the same after Brexit. When the UK formally leaves and stops paying EU membership contributions, there will be a €13 billion budget hole which needs to be filled in one way or another.