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
Regulation
—
25.05.2018
The CNPD: Enforcing the GDPR in Luxembourg
Politics
—
25.05.2018
Gramegna: Zero 'existential fears' for Luxembourg
Exclusive
—
24.05.2018
Shopping centre scrapped for luxury flats at Place de L'Etoile
Satellites
—
23.05.2018
National politics 'a risk' for Luxembourg's space vision
