Tags: APFN | EU | Brexit

Reports: UK Preparing to Increase 'Brexit Bill' Offer

Tuesday, 21 November 2017 06:38 AM

LONDON (AP) — British media reports say the U.K. is planning to offer more money to settle its "Brexit bill" with the European Union, but only if the EU agrees to start discussing a future free-trade deal.

The bill is a key sticking point in divorce negotiations. Britain has previously offered about 20 billion euros ($23 billion), but the EU wants at least 60 billion euros ($70 billion).

British media said Tuesday that the Cabinet's Brexit committee had agreed to increase the offer to about 40 billion euros ($46 billion).

May's office declined to confirm the amount, but said that "the U.K. and the EU should step forward together" to unblock the negotiations.

EU leaders are due to decide at a Dec. 14-15 summit whether talks can enter a new phase.

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British media reports say the U.K. is planning to offer more money to settle its "Brexit bill" with the European Union, but only if the EU agrees to start discussing a future free-trade deal.The bill is a key sticking point in divorce negotiations. Britain has previously...
APFN,EU,Brexit
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2017-38-21
Tuesday, 21 November 2017 06:38 AM
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