€5 Billion Brexit Adjustment Fund Approved By European Parliament.

Thursday, 16 September 2021 09:27

Ireland will be the largest beneficiary

The European Parliament has formally backed the Brexit Adjustment Fund of €5 billion.

It had been agreed some months ago, but MEPs had not yet agreed on the exact allocation until now.

Ireland will be the largest beneficiary from the financial boost following the UK's withdrawal from the European Union, with a billion euro.

Midlands North West MEP Colm Markey says areas of his own constituency have been deeply hurt by Brexit

MEPs have approved the €5 billion Brexit Adjustment Reserve to help EU countries deal with the economic, social and territorial impact of the UK’s departure from the EU. Press release → https://t.co/KCUH9d9C9n pic.twitter.com/Qe1SOv8OBe
— European Parliament (@Europarl_EN) September 16, 2021

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