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Keyword: brexitcost

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  • UK to be hit with ‘very hefty’ Brexit bill, says Juncker

    02/21/2017 9:05:43 AM PST · by Olog-hai · 47 replies
    AFP via EurActiv ^ | 02/21/2017 9:50 (updated: 10:24)
    Britain will have to pay a “very hefty” bill to leave the European Union and negotiating a new relationship with the bloc will take years, European Commission chief Jean-Claude Juncker warned today (21 February). Prime Minister Theresa May hopes to trigger the Brexit negotiations by the end of March following the shock referendum in June last year. […] “The British must know — and they know it already — that it will not be at a discount or zero cost,” the former Luxembourg premier said in his hour-long speech. […] European sources said Brussels could hand Britain an exit bill...