Brexit: European Commission Wants to Cancel 317,000 .eu Domains Owned by Brits

[Faybert]

The European Commission announced on Wednesday plans to cancel new registration and domain renewals for .eu domains owned by British citizens. EU citizens residing in the UK are also barred from registering or renewing domains.

The decision comes as UK officials officially confirmed this week plans to leave the European Union on March 30, 2019.

The European Commission hopes that by that date, no UK citizen will hold a .eu domain, as they would be ineligible under the Commission's rules.

According to a quarterly report from EURid, the organization that manages .eu domains, there were 317,286 .eu domains registered by UK citizens at the end of last year (Q4 2017).

The UK holds the fourth most .eu domains among all EU countries and is ranked 8th in terms of quarter-to-quarter growth of new .eu domains.

"Wiping out this number of registrations will have a negative impact on the .eu ccTLD as a whole, as well as a negative impact on many European based businesses serving the registrants of the 300 thousand plus names," said Michele Neylon, founder and managing director of domain registrar and hosting company Blacknight.
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[askmark]

Brexit: also known as "The worst decision the people of Britain have ever made" (I'm British )

 

[bribon77]

I'm not a politician, But the departure of Britain. It is a very strong blow for the European Union ..

 

[212eta]

“Give me three good reasons why Britain should be part of Europe.”

HM Queen Elizabeth II

 

[Gelato]

I'm not a politician, But the departure of Britain. It is a very strong blow for the European Union ..

i'm not a politician too, but it's obvious for anybody who has a bit of interest in a real estate for example. London has always been one of the most interesting places for investors in property, but now it's not in the list anymore. It's place is taken by Madrid, Valencia and Athens there foreigners prefer to buy real estate for investment.(proof link) Also - many british people have their retirment villas and summer residences in Spain, what they are going to do now? Very interesting question, imho