Rising Brexit ‘Bill’ Raises Negotiating Stakes
EU negotiators have hiked possible payment demands for Brexit over recent weeks, officials say, widening the divide between Brussels and London, which questions whether it owes anything at all before talks start next month. Hours before chief negotiator Michel Barnier was due to give more details on the EU’s standpoint, a Financial Times headline saying the EU might seek an upfront payment in 2019 of up to 100 billion euros ($110 billion), drew an immediate rejection from Britain’s Brexit Secretary David Davis that he would pay that sum. The European Commission has previously given a ballpark estimate of the bill …