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Montevideo, December 13th 2017 - 09:24 UTC

EU and London reach agreement on Brexit “divorce bill”, says Daily Telegraph

Wednesday, November 29th 2017 - 07:39 UTC
Full article 2 comments
 It was reportedly the UK's chief negotiator, Oliver Robbins, who secured the deal amid “intense” back-channel talks towards the end of the previous week. It was reportedly the UK's chief negotiator, Oliver Robbins, who secured the deal amid “intense” back-channel talks towards the end of the previous week.

Westminster has reached an agreement with Brussels, in principle, on its so-called Brexit 'divorce bill', according to the Daily Telegraph. The report saw Sterling rapidly cut its losses to trade 0.24% higher at 1.3351, which was up from an intraday low of 1.3220.

 Depending on the methodology used to calculate it, the final amount of the “divorce bill” would be in a range of between €45bn and €55bn (£48.95bn), lower than the European Union's initial demand for €60bn, according to sources from both sides.

It was reportedly the UK's chief negotiator, Oliver Robbins, who secured the deal amid “intense” back-channel talks towards the end of the previous week.

News of the agreement came ahead of what the newspaper labeled a “crucial” lunch between the Prime Minister and EU Commission chief Jean Claude Juncker scheduled for 4 December.

Categories: Economy, Politics, International.

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  • golfcronie

    Tell the EU to f*** off

    Nov 29th, 2017 - 04:09 pm +1
  • Jolene

    The question is why is this piece appearing in Mercopenguin, a British government propaganda organ supposedly devoted to America, South America and the “South Atlantic”?

    Dec 01st, 2017 - 03:29 am 0
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