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Britain still questions Brexit payment idea

Britain has not agreed to make any financial settlement to the European Union to cover outstanding obligations when it leaves, a senior EU official said after the first day of negotiations between London and the EU.

“They question that there is a legal basis for an exit payment,” the EU official said.

He was referring to a potential bill which the Union puts at tens of billions of euros, partly to cover a share of future EU budget commitments made while Britain was a member. Britain has so far rejected that such a payment is justified and some ministers have suggested that the EU may owe London instead.

EU officials say narrowing differences over the payment, for which both sides agreed on Monday to set up a working group of negotiators, will be a major test for the forthcoming talks. (Reuters)

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One comment

  1. Any payment for Exiting the EU will consist of paying our bar bill and maintaining mutually beneficial research funding, nothing else. Well, the EU will have to produce an itemised bill and signed off accounts which haven’t been fully audited and signed off by a creditable firm of accounts for 19-odd years.

    The whole of the EU would love to see the EU’s accounts, something they wouldn’t dare do.