100 billion euro EU exit bill won’t be paid by Great Britain

100 billion euro EU exit bill won’t be paid by Great Britain

The United Kingdom isn’t going to pay 100 billion euros just to leave the European Union. That’s what Brexit minister David Davis unveiled on Wednesday after the Financial Times disclosed that the European Union was about to demand the given amount.

Citing its own analysis of fresh stricter demands it told were driven by Germany and France, the newspaper told that 100 billion euros turned to be a big figure.

Davis informed the British channel ITV that Great Britain won’t shell out 100 billion. Instead, the country will discuss in detail what the obligations and rights are.

He added that the UK government hadn’t seen a figure from the European Union for the exit bill.

Besides this, the FT stressed that following requests from member states, the initial calculations were revised by EU negotiators for the purpose of maximizing the liabilities Great Britain would be asked to cover, including EU administration fees and post-Brexit farm payments in 2019 and 2020.




Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera