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US News EU 'wanted €75bn' in Brexit divorce bill

10:22  09 december  2017
10:22  09 december  2017 Source:   news.sky.com

May denies agreement on £50bn Brexit bill

  May denies agreement on £50bn Brexit bill Theresa May has insisted there is still no agreement on the UK's Brexit bill despite reports British officials have committed up to £50bn to the EU. The Prime Minister told Sky News the UK is "still in negotiation" over the financial settlement but ruled out paying "huge sums of money to the EU every year" after Brexit.EU bosses have given Mrs May until Monday to make a fresh offer on key divorce issues if she wants to reach the next phase of Brexit talks - on trade and a transition period - by Christmas.

Image: British and European leaders finalised the deal over breakfast.

Britain will pay a Brexit " divorce bill " substantially lower than the sum demanded by the European Union , Sky News can reveal. EU negotiators were seeking �60bn to � 75 bn euros (�53bn-�66bn), but were bargained down by the UK to �35bn-�39bn.

David Davis, Theresa May, European Commission President Jean-Claude Juncker and European Union's chief Brexit negotiator Michel Barnier © Reuters David Davis, Theresa May, European Commission President Jean-Claude Juncker and European Union's chief Brexit negotiator Michel Barnier

Britain will pay a Brexit "divorce bill" substantially lower than the sum demanded by the European Union, Sky News can reveal.

EU negotiators were seeking €60bn to €75bn euros (up to £66bn), but were bargained down by the UK to £35-£39bn.

And around £8bn of the total settlement, revealed for the first time when the deal was announced, is pension liabilities for retiring EU officials which will be paid out over many years.

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 Related: Brexit deals' key points (Provided by PA)

Department 'absolutely refutes' claim that Irish officials were told to ignore Boris Johnson

  Department 'absolutely refutes' claim that Irish officials were told to ignore Boris Johnson Brexit talks remain stalled, with the issue of the border one of crucial importance.Johnson met with Foreign Affairs Minister Simon Coveney on 17 November, but Sky claims his own officials told Dublin to “ignore the public utterances” of Johnson.

What term do you want to search? The EU ’s chief Brexit negotiator, Michel Barnier. Photograph: Francois Lenoir/Reuters. Divisions over the UK’s Brexit divorce bill were laid bare on Tuesday as British negotiators pushed back against a mooted € 75 bn (£66bn) Brexit charge.

The EU is an organisation with assets and liabilities.The EU has been clear that when the UK leaves, it is expected to pay off its share of the liabilities: this is referred to as the Brexit ' divorce bill ' or exit bill .

Senior Whitehall sources have hailed the deal clinched over breakfast in Brussels as a win for Theresa May, after officials rated the chances of a deal at only 50-50 on Thursday evening.

One source compared the Brexit deal, which now paves the way for trade talks, to the Allied victory in North Africa in World War II, declaring: "This is El Alamein... it's the end of the beginning."

In another victory, Sky News understands that the DUP had wanted more than 30 amendments to the draft they saw on Monday - but eventually accepted eight.

During the marathon negotiations on Thursday night, the DUP leader spoke to the PM on the phone twice - first at 9pm and then again at 11pm - and was won round in the second phone call.

A senior Whitehall source said: "They needed lots of hand-holding and assurances that we wouldn't sell them out by putting the border in the Irish Sea."

The PM then managed to get a couple of hours sleep at home in the village of Sonning in her Maidenhead constituency, before she was picked up at 3.45am for an RAF flight to Brussels.

In a third victory for the UK, the EU had wanted Britain's courts to accept a voluntary role for the European Court of Justice for 15 years.

"We got them down to eight," a source told Sky News.

Analysis: Defeat On The EU Withdrawal Bill Is Embarrassing But Not Fatal For Theresa May .
On Monday, Theresa May seemed to have achieved the impossible and united both Brexit wings of her party behind her Brussels deal.Two days later, and that divisions are once again plain for all to see .Despite assurances from David Davis, and May herself, that MPs would get a meaningful vote on the Brexit deal agreed with the EU, Tory rebels were not convinced and on Wednesday night, have shown that they are not afraid to inflict defeat on their own party.For May, this is a frustration, an embarrassment, but not a fatal blow by any means.With such a slim majority, and on such a contentious issue, the odd defeat is to be expected.

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