As recently as August, Britain’s official position in Brexit talks was that there wouldn’t be any money (or “net flow”) going from U.K. coffers to the EU after 2019. Boris Johnson, the foreign secretary, told Brussels it could “go whistle” for a hefty Brexit bill.
So much for that.
Britain now (reluctantly) accepts it’ll be on the hook for up to £55 billion or more to settle its accounts with the EU over the coming years. And it will be many years. Current EU employees will be claiming pensions decades from now; numerous projects green-lighted during Britain’s time in the bloc will …read more
Source: POLITICO – Europe Edition