No account yet?
Subscription Options
Subscribe via RSS, or
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
Dallas Blog
TEX Homepage News
Dallas Blog
Stars Recent Headlines
Good News Dallas
EU Threatens to Impose 'Sector Sanctions' on UK Print E-mail
by Tom McGregor    Tue, Oct 28, 2014, 01:05 am

The European Union is threatening to impose harsh fines and 'sector sanctions' against Great Britain if British Prime Minister David Cameron refuses to pay EU taxes.

Russia Today reports that, "A failure to comply with the European Commission’s demand on the UK to contribute an extra £1.7bn ($2.66 billion) to the European Union budget could result in fines for the British government, it emerged on Monday."

EU Budget Commissioner Jacek Dominik ius quoted as saying that, “there will be a moment when the Commission will start imposing ... fines on the amounts that are due.”

According to RT, "Downing Street and Brussels' heated row over the EU budget has been further intensified by the Commission’s warning on Monday that changes to the method for calculating payments could jeopardize Britain’s lucrative EU rebate. At present, the rebate amounts to billions."

Cameron vows not to pay any EU tax bills.

To read the entire article from Russia Today, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger

< Prev   Next >