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Home BUSINESSBrexit not to impact next year’s budget: PM
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Tue, 28 Jun, 2016 12:04:36 AM
FTimes – STT Report, Jun 28
 
Prime Minister Juha Sipilä talked to media after the meeting of the Parliamentary Grand Committee on Monday. Photo – Lehtikuva.
Prime Minister Juha Sipilä on Monday said that the departure of Britain from the European Union will be a long process, which will not have a direct impact on next year's federal budget.
 
According to the Premier, the British should get to the actual process of exiting as soon as possible. 
 
He believes that a realistic time for the beginning of the procedures is the beginning of autumn.
 
The Parliamentary Grand Committee discussed the issue at a meeting on the eve of the EU meeting scheduled to begin in Brussels on Tuesday.
 
Britain's outgoing Prime Minister David Cameron is not expected to launch the formal separation process.
 
A delay in the notification to the EU regarding the separation will cause difficulties, because even informal negotiations cannot begin before that, the meeting observed.
 
The Finnish government outlined its foreign and security policies in a report less than two weeks ago. 
 
The report said, “to Finland, the European Union is a community of values, and defence coopera-tion will be developed.”
 
“The mutual assistance clause is, in Finland's view, a sign of a strong security policy both in princi-ple and in practice,” the report outlines.
 
According to Sipilä, the report does not need to be immediately updated, because Britain will remain a member of the EU for the two year's separation time.
 
“It is obvious that, as a part of EU's security community, [the EU separation] will show what the EU has as an EU security community,” Sipilä said.
 
The Parliament will meet on Friday to discuss the impact of the Brexit in a plenary session, where Sipilä will give the Prime Minister's statement on the separation of Britain from the EU.
 
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