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  • Originally posted by jembo View Post
    Does anybody know if Cogs is on holiday.?
    Nope... were you looking for some duty free ?
    Everything is self-evident.

    Comment


    • Originally posted by bojangles View Post
      It wasn’t made official but a reliable source said that was what was offered if it moves the process on it will be worth it and get the deal done
      Funny ole thing the 'leave' brigade never saw it coming and even the most anti, who voted 'out', never thought it would cost so much in time, money and disruption.....Shame that a fluke decision has caused such incredible upheaval ....in more ways than one.....From what was believed by some as a walk in the park to a total disaster......thus far.
      We'll sail be the tide....aarghhhh !!

      Comment


      • Originally posted by cogito View Post
        Nope... were you looking for some duty free ?
        Nah....cogs,I go on holiday often enough to get my own DT. It's kinda nice to see you back in circulation. I'm going to let you off the hook this time and move on, so lets all be happy families again.
        I google because I'm not young enough to know everything.
        Nemo Mortalium Omnibus Horis Sapit

        Comment


        • Originally posted by jembo View Post
          Nah....cogs,I go on holiday often enough to get my own DT. It's kinda nice to see you back in circulation. I'm going to let you off the hook this time and move on, so lets all be happy families again.
          I've no problem running with that Jembo... a level of civility is required among all of us who are members.
          Everything is self-evident.

          Comment


          • You know i think your very cute cogs...but you need to answer my question.....its uncivil not to.....and im concerned we have HALF members here...if someone is not allowed on certain threads....this is a new type of membership....

            Comment


            • Overview of the Brexit Divorce bill by the UK think tank the Institute for Government.

              IFG September 2017
              How much might this be?

              The Financial Times in November 2016 originally reported that the European Commission was seeking an exit bill of €60 billion, based on comments by Michel Barnier, the EU’s chief negotiator on Brexit. In February, the same author writing for the Centre for European Reform (CER) estimated that the bill could range from €25–73 billion. Bruegel have given a similar range for the bill, at €25.4–65.1 billion. Most recently, Alex Barker, writing again in the Financial Times, put the net bill at €55–75 billion, based on a €91–€113 billion gross figure.

              How did they work out the figures for this divorce bill?

              Calculations are based on what we owe, and what we can offset. The quoted figures have a large range due to varying methodologies of calculating the bill. The lower band €25 billion represents minimal obligations to the EU and maximum UK receipts, while the top-end €75 billion comes from maximising the UK’s obligations and minimising its receipts. The gross figures of €100 billion includes some extra obligations and does not take any account of any receipts owed to the UK.

              The UK’s obligations can be categorised under various headings:

              1. Outstanding budget commitments

              The EU Budget operates through a multi-annual spending structure, which means projects are paid for over a period of several years. As a result, EU Budget payments are back-loaded and many will be paid out post-Brexit. For example, a key element of EU spending allocations consists of cohesion fund payments, aimed at raising living standards in the 2004 Accession countries. According to the CER, only 25–30% of the biggest cohesion fund payments will actually have been spent by the time Britain is expected to leave the EU in April 2019.

              The current EU Budget period runs from 2014–2020, finishing a year after the UK’s exit date. A key point of legal uncertainty is the status of financial commitments scheduled for 2019 and 2020. The UK has indicated that it only expects to fund its budget commitments up until April 2019. However, the Commission's methodology is clear that the UK should meet the full schedule of obligations up until 2020.

              2. EU officials’ pensions

              Like the UK civil service pension scheme, the Pension Scheme of European Officials (PESO) is an unfunded scheme and operates on a ‘pay-as-you-go basis’, with costs being covered by the annual EU Budget as they arise. The Commission outlines that the UK should make a payment to cover the costs associated with this scheme, as they appear in the EU's consolidated accounts at the time of the UK's withdrawal. There have been suggestions that the UK could push for this liability to simply cover the costs of UK nationals working for the Commission, lowering the bill due to the under-representation of British officials. The Commission's methodology suggests that the EU would contest such an approach.

              3. Contingent liabilities

              The EU incurred contingent liabilities while the UK was a member state. These liabilities effectively constitute payments that would be triggered in specific circumstances only, for example, Ukraine defaulting on its EU loan. When the 2015 EU accounts were drawn up, outstanding loans to Hungary, Ireland, Portugal and Ukraine collectively amounted to €49.5 billion. The EU’s latest approach asks the UK to make a lump-sum payment upfront to cover these liabilities, in case they materialise in the future. This increases the upfront divorce bill by €9–12 billion. However, these upfront liability payments would be reimbursed over the coming years, enabling the UK to recover some of this money.

              4. Other costs of withdrawal

              The Commission’s negotiating mandate also includes the “specific costs related to the withdrawal process”. This would cover the relocation of the two London-based EU agencies after Brexit; the European Banking Authority and the European Medicines Agency. Other costs include the decommissioning of the Joint Research Centre nuclear sites and funding British teachers seconded to European schools until 2021.

              The detail of all the headings that the Commission has put on the table is set out in its working paper “Essential Principles on Financial Settlement”, published on 24 May. Reports from Brussels suggested that the Commission’s original position was toughened up by member states in internal discussions to include, for example, continued support for CAP payments.

              Do we get anything in return?

              The divorce bill could be offset partly by the UK’s share of EU assets, rebates and budget receipts. Some could be immediate deductions from the bill, while others could be longer-term payments over the next decade or more. Potential issues are:

              Budget receipts - money that the UK would have got from the EU Budget
              Rebate credits - repayment of outstanding credits from earlier contributions
              Asset shares - this is likely to be the most contentious, with arguments about whether the UK is entitled to shares of the value of buildings and a share of the capital of the European Investment Bank (EIB).The Commission's methodology outlines that the UK's paid-in capital to the EIB will be returned, but only after the EIB's loan book is balanced.

              Comment


              • Originally posted by Mykidsmom View Post
                You know i think your very cute cogs...but you need to answer my question.....its uncivil not to.....and im concerned we have HALF members here...if someone is not allowed on certain threads....this is a new type of membership....
                you might get a response in the new "bitchin' " section helen........can't wait to see it.......

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                • Got there katie.....hugs..!!!!!!!!!!!!

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                  • Originally posted by KatieMorag View Post
                    you might get a response in the new "bitchin' " section helen........can't wait to see it.......
                    now ye see it. ....now ye dont
                    We'll sail be the tide....aarghhhh !!

                    Comment


                    • Green party call for second referendum on Brit Exit
                      We'll sail be the tide....aarghhhh !!

                      Comment


                      • Originally posted by DAMNTHEWEATHER View Post
                        Green party call for second referendum on Brit Exit
                        I def see a second vote on the horizon......im happy everything will be reversed if it happens.
                        We'll sail be the tide....aarghhhh !!

                        Comment


                        • Originally posted by DAMNTHEWEATHER View Post
                          Green party call for second referendum on Brit Exit

                          Democracy will rule the day.....

                          And they wont like it whichever.........

                          Now, any chance of you posting a few facts.......You are constantly speculating and mostly wrong.....
                          Here Rex!!!...Here Rex!!!.....Wuff!!!....... Wuff!!!

                          Comment


                          • Originally posted by quinner View Post
                            Democracy will rule the day.....

                            And they wont like it whichever.........

                            Now, any chance of you posting a few facts.......You are constantly speculating and mostly wrong.....
                            Wotz upwicha oive had spectacles for years.
                            We'll sail be the tide....aarghhhh !!

                            Comment


                            • Originally posted by quinner View Post
                              Now, any chance of you posting a few facts.......You are constantly speculating and mostly wrong.....
                              51% now say REMAIN ... it proves what i told you from scratch The loons who carried the vote Thats the1.2 million didnt have a clue what they were voting for....now weve had a taste.....they want the oposite......strange oul world eh ?
                              We'll sail be the tide....aarghhhh !!

                              Comment


                              • Anyone got their blue passport yet ?
                                Everything is self-evident.

                                Comment

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