EU Threatens Sanctions to Stop Britain Undercutting Economy

World » EU | February 2, 2018, Friday // 09:52| Views: | Comments: 0
  • Send to Kindle
Bulgaria: EU Threatens Sanctions to Stop Britain Undercutting Economy pixabay.com

Sanctions are being threatened by the European Union to prevent Britain undermining the bloc’s economy after BrexitThe Times.
Penalties against companies that receive state subsidies and putting Britain on a tax blacklist of unco-operative jurisdictions are among proposals contained in a strategy paper published this week by the European Commission.


The plans are designed to maintain a “level playing field” and counter the risk of the UK slashing taxes or cutting red tape to attract business and investment after leaving the bloc.

EU » Be a reporter: Write and send your article
Tags: UK, Brexit, EU, economy
Expats.bg All Are Welcome! Join Now!
Advertisement
Advertisement
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria