BREAKING NEWS

UK won't have to pay 50 billion pound Brexit fee

By REUTERS

MARCH 30, 2017 09:46

LONDON - Brexit minister David Davis said he did not expect Britain to have to pay 50 billion pounds ($62 billion) to the European Union as part of the Brexit process and said the era of huge sums being paid to Brussels was coming to an end.

British media reports have suggested that Britain could have to pay around 50 to 60 billion pounds in order to honor existing budget commitments as it negotiates its departure from the bloc.

"We haven't actually had any sort of submission to us from the Commission. But our view is very simple, we will meet our obligations, we are a law abiding country," Davis told broadcaster ITV on Thursday.

"We'll meet our responsibilities but we're not expecting anything like that," he said. "The era of huge sums being paid to the European Union is coming to an end, so once we're out, that's it."

Children in Safed find Mandate-era grenade, sappers called to the scene

By ELI ASHKENAZI

11/25/2024 11:53 AM

Rocket fired from northern Gaza falls in open area

By JERUSALEM POST STAFF

11/25/2024 11:52 AM

Ukraine's air force says it downed 71 drones during Russia's attack

By REUTERS

11/25/2024 11:45 AM

Lebanon condemns recent attack on UNIFIL Italian contingent

By REUTERS

11/25/2024 11:45 AM