Brexit
UK bows to EU demands with breakthrough offer on Brexit bill
Britain agrees to total liabilities worth €100bn but will aim to pay less than half.
Britain has bowed to EU demands and agreed to fully honour its financial commitments as identified by Brussels, removing one of the biggest obstacles to a Brexit divorce settlement.
According to several diplomats familiar with the talks, the UK would assume EU liabilities worth up to €100bn although net payments, discharged over many decades, could fall to less than half that amount.
To keep reading
please sign up for free!
Already have an account? Sign in here.
Editor's Picks
Rue de Strasbourg
—
12.10.2019
Protesters block Gare area to demand action over drug crime
Ecofin
—
10.10.2019
Italy, Sweden give early hint on new EU development bank
Response
—
09.10.2019
Parliament tears into Bettel over political programme
Huawei
—
09.10.2019
US dangles threat as Luxembourg moves ahead on 5G
