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EU says UK liable to pay 47 5 billion euros to EU in post-Brexit settlement

2 Min Read (Reuters) -The European Union said that the United Kingdom is liable to pay 47.5 billion euros ($56.2 billion) to the EU as part of its post-Brexit financial settlement. FILE PHOTO: British and European Union flags are seen ahead of a meeting of European Commission President Ursula von der Leyen and British Prime Minister Boris Johnson, in Brussels, Belgium December 9, 2020. Olivier Hoslet/Pool via REUTERS/File Photo The EU’s consolidated budget report for 2020 said that the money is owed under a series of articles which both sides agreed to as part of the Brexit withdrawal agreement. The UK Treasury, however, insisted the Brexit divorce settlement remained within its previous central range of 40.74 billion euros to 45.40 billion euros, the Financial Times reported late on Thursday. The Treasury did not immediately respond to a Reuters request for comment.

Brussels insists Britain must pay £40 8BILLION - £2bn MORE than expected over Brexit

Updated: 1:00, 9 Jul 2021 THE EUROPEAN Union has insisted Britain must pay £40.8billion as part of its post-Brexit financial settlement. The sum is nearly £2billion higher than expected and part of the money needs to be paid within six months. 4 4 Ursula von der Leyen and Boris Johnson met at the G7 summit in Cornwall last monthCredit: AFP The EU’s consolidated budget report for 2020 said that the money is owed under a series of articles which both sides agreed to as part of the Brexit withdrawal agreement. The UK Treasure, however, insisted the Brexit divorce settlement remained within its previous central range of £35billion (€40.74billion) to £39billion (€45.40billion), according to the Financial Times.

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