RSS   Newsletter   Contact   Advertise with us
Post Online Media
Exit   In a friendly and fair way

UK's Brexit bill we be around £50bn, says Juncker

Jean Claude JunckerBritain's bill for exiting the European Union will be close to £50bn and "must be honoured", European Commission President Jean Claude Juncker said, but he is not approaching the impending divorce proceedings in a hostile mood.

The EC chief told the BBC that the Brussels would negotiate with the UK in a friendly and fair way but that a bill would have to be paid - but the final amount had not been precisely calculated yet but that it was "around" £50bn.

Article continues below

READ MORE EU says Brexit negotiations could take longer

"The British government and parliament took on certain commitments as EU members and they must be honoured. This isn't a punishment or sanctions against the UK," he said.

Part of the reason seemed to be the prevention of other countries from following the UK lead.

Juncker insisted the 4.5m EU citizens living in the UK and British citizens currently living across the EU would not be forced to leave.

Prime Minister Theresa May has pledged to launch the two-year process of negotiations to leave the EU on 29 March by triggering Article 50 of the Lisbon Treaty.




What to read next





More inside POST
 
 

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy