Britain must pay EU divorce bill in euros: document

EU officials have previously said the Brexit settlement might be as much as 60 billion euros. AFP Photo

BRUSSELS: Britain may be leaving the EU but it will still have to settle the divorce bill in euros, not pounds, according to an EU document on the upcoming negotiations Thursday.

“An orderly withdrawal of the United Kingdom from the Union requires settling the financial obligations undertaken before the withdrawal date,” said the European Commission document seen by AFP.

“The agreement should define the precise way in which these obligations will be calculated … the obligations should be...

Read The Rest at


Loading ...