Published On: Wed, Jul 25th, 2018

Islands to receive more EU funds after Brexit

brexitBRUSSELS - The Brexit has a positive effect on the French and Dutch overseas territories, the so-called OCTs. Instead of 152 million euros, both countries will soon receive 159 million from the European Union.

With the departure of England from the EU, the number of OCTs will be halved. The new OCT decision has yet to be approved by all 27 Member States.

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