Politics, World, Europe

EU leaders to meet in Brussels, talk post-Brexit bloc

The union's long term budget and new composition of the European Parliament will be main topics of the summit meeting

22.02.2018
EU leaders to meet in Brussels, talk post-Brexit bloc

By Ata Ufuk Seker

BRUSSELS

Leaders of the 27 European Union member countries are to meet in Brussels on Friday to discuss institutional issues including EU’s long-term budget in a post-Brexit bloc.

The new composition of the European Parliament following an election in 2019, how the EU appoints top positions, and political priorities of the post-2020 multi-annual EU budget will be the main topics of the informal summit.

According to a high-ranking EU official, who spoke on condition of anonymity, Greek Cypriot administration’s unilateral search for natural gas in the Mediterranean and Turkey’s reaction will also be discussed upon a demand from Greek Cypriot leader Nicos Anastasiades.

The negotiations on budget will take place in the context of the UK’s exit from the EU, “which will leave a gap of approximately €10 billion per year on average in the EU budget revenues”, according to leaders agenda.

*Nilay Kar Onum contributed to this story from Istanbul

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