Brussels backs down on £52 billion Brexit divorce bill
‘Brussels will no longer force Britain to agree to the exact sum of its divorce settlement before trade negotiations start, it has emerged.
EU negotiator Michel Barnier previously insisted that the bill had to be settled when Article 50 is triggered, but, according to the BBC, he has since sent a message to Brexit secretary David Davis through “informal channels” dropping the demand.
Instead, the two sides will mark out “broad principles” before deciding on an exact sum. The EU’s Court of Auditors will determine the amount of the bill on the EU side towards the end of the two-year negotiations.’
Read more: Brussels backs down on £52 billion Brexit divorce bill
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