Tuesday, 25 September 2018

EU gives Britain two months to pay 2.7 bn euros over China fraud

EU gives Britain two months to pay 2.7 bn euros over China fraud

The EU on Monday gave Britain two months to recover 2.7 billion euros ($3.3 billion) in lost customs duties or risk referral to the EU's top court after London allegedly ignored a scam by Chinese importers. The demand, part of a so-called infringement action launched by Brussels, threatens to further inflame tensions amid fraught Brexit negotiations just days after an EU summit in Austria ended in acrimony.
Read more: https://www.afp.com/en/news/205/eu-gives-britain-two-months-pay-27-bn-euros-over-china-fraud-doc-19d6ek3?source=Snapzu

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