management and for implementing the budget effectively. the new mechanism will protect the budget from risks arising from violations. truly. the budget has to be approved unanimously by the remaining twenty seven member states ideally before the european elections in may of next year. i list look at the numbers one of the main issues with the next e.u. budget is of course that breaks it budget shortfall now the overall budget breaks down to around one hundred eighty two billion euros a year now that used to be shared between twenty eight member states in the e.u. but britain the each use a second largest economy is leaving and the brits are going to take their budget money with them under the new budget that would have amounted to at least twelve billion euros annually twelve billion euros that the european union is not going to