EU’s Barnier: UK position on Brexit divorce amount is unacceptable

Haresh Menghani FXStreet

While addressing a press conference, following 3rd round of Brexit Negotiations, EU's Barnier was noted saying that it is unacceptable that UK will not pay EU beyond obligations in final pre-Brexit budget.

Additional quotes:

• UK has said it is not obliged to cover post-Brexit obligations that EU has with 3rd parties
• trust needs to be built to resolve citizens rights and finance issues
• this week’s talks showed commitment on both sides to reach accord
• if needed EU is ready to accelerate process

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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