|EU Threatens to Impose 'Sector Sanctions' on UK|
|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: