Bri­tain fac­ing costly divorce

The Star Early Edition - - BUSINESS REPORT INTERNATIONAL -

THE Euro­pean par­lia­ment’s pres­i­dent says he be­lieves Bri­tain should pay at least €60 bil­lion (R1 tril­lion) as it leaves the EU to meet its fi­nan­cial com­mit­ments. The divorce bill is the big­gest stum­bling block in ne­go­ti­a­tions on the UK’s with­drawal from the bloc, due in March 2019. The EU is de­mand­ing that Bri­tain turn prom­ises to pay its fi­nan­cial dues into con­crete com­mit­ments. Asked in an in­ter­view with Germany’s Funke news­pa­per group, which was pub­lished on Mon­day, how much Bri­tain should pay, Euro­pean par­lia­ment pres­i­dent Antonio Ta­jani said: “In my opinion, it should be at least €60 bil­lion.” He added: “If the EU ac­cepted less, Euro­pean cit­i­zens would have to make up the dif­fer­ence. But why should the Ger­mans, Ital­ians, Span­ish or Dutch have to pay the Bri­tons’ bill?”-

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