A lowball offer to E.U. for Brexit money
Britain is ready to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported late Saturday, citing three unnamed government sources.
The newspaper said Britain was prepared to pay the sum only as part of a wider deal that included a trade agreement with the E.U.
“We know [the E.U.’s] position is 60 billion euros, but the actual bottom line is 50 billion euros. Ours is closer to 30 billion euros, but the actual landing zone is 40 billion euros, even if the public and politicians are not all there yet,” the newspaper quoted a senior civil service source as saying.
The British government ministry in charge of E.U. negotiations declined to comment on the report.