The ‘Brexit bill’ is an expected payment by the United Kingdom to settle its financial commitments upon leaving the EU. Since the bill will be important in the Brexit negotiations, the matter is starting to be widely discussed. The European Commission has not yet made any official announcement about the Brexit bill. But in the meantime, journalists and academics alike are preparing various estimates based on already agreed commitments and EU assets which may offset these liabilities.
A must-read analysis was prepared by Alex Barker, the Brussels Bureau Chief of the Financial Times. Alex provides an excellent analysis (in our …read more
Source: Bruegel