The €60 billion Brexit bill: how to disentangle Britain from the EU budget

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Series Details February 2017
Publication Date 06/02/2017
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Britain’s EU exit bill is possibly the single biggest obstacle to a smooth Brexit. The European Commission calculates that the UK has €60 billion of charges to settle. Britain is confident it will face down what it considers to be spurious demands. Both sides are entering the Brexit money negotiations with unrealistic expectations. Ultimately, this political collision could bring the Brexit talks to a sudden and premature end and poison future EU-UK trade relations.

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Related Links
ESO: In Focus: Brexit - The United Kingdom and the European Union
ESO: Background information: The UK's contribution to the EU Budget
Carnegie Europe: Strategic Europe, 06.02.17: Brexit, a Game of Deal or No Deal
The Conversation, 22.02.17: Fact check: will the Brexit divorce bill cost the UK €60 billion?
The Guardian, 21.02.17: UK should expect a very hefty bill for Brexit, says Jean-Claude Juncker
Blog: Open Europe, 22.02.17: Is the relationship between Juncker and Berlin cracking?
Blog: LSE EuroppBlog, 27.02.17: Britain’s got bills – but will it pay? Settling the UK’s EU budget obligations

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