Showing: ◈ divorce bill×
Here’s everything you need to know about the legal framework for the PM’s proposed Brexit deal.
Nestled among the mass publication of no-deal guidance yesterday was the UK government's vision for the future of the Brit satellite and space programmes if the country falls out of the EU with no pact in March. The guidance is, unsurprisingly, grim.
The financial settlement - often labeled the 'exit bill' or 'divorce bill' - sets out how the UK and EU will settle their outstanding financial commitments to each other.
Cabinet secretary Sir Mark Sedwill says emergency contingency plans are needed.
The EU would refuse to open trade talks with Britain after a no-deal Brexit until the UK decided to sign up to the main elements of the withdrawal agreement anyway, the European Commission has said.
The European Union is expected to seek more than €10bn in UK contributions for this year even in the event of a no-deal scenario on 12 April, RTÉ News understands.
The Attorney General explains in parliament that though there is no obligation in EU law to honour the £39bn commitment, there is in international law.
The UK could risk its strong sovereign credit rating if it failed to foot the Brexit bill in a no deal scenario, Moody’s ratings agency has warned.
Boris Johnson has been accused of deceiving voters after insisting Britain would not pay an expected £50bn Brexit “divorce bill” unless the EU started trade talks. A senior EU source said the Foreign Secretary was hoodwinking the public about “the realities of Brexit” – insisting leaders were “united” in the view that the bill must be settled first.
German chancellor says UK cannot have same rights as member states nor negotiate trade relations before agreeing to pay its bill. Angela Merkel has said British politicians are still living under the “illusion” that the UK will retain most of its rights and privileges once it leaves the European Union.
The German government is encouraging Britain to agree a mathematical formula for calculating its European divorce settlement rather than settling on a precise figure in an attempt to avoid a looming clash that risks derailing Brexit talks.
A draft plan – apparently obtained by a Dutch newspaper – threatens a long legal battle to grab back what the EU regards as the UK’s liabilities, if Theresa May refuses to pay up
Czech, German and Italian politicians support European commission line that Britain must agree to pay up before talks. EU member states are backing a European commission demand that trade talks can only start once Britain has agreed to pay a hefty Brexit bill, despite fears of a backlash from Theresa May.