UK would still have to pay its EU budget bill -Moscovici

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UK would still have to pay its EU budget bill...
 © CyprusMail 2019
PARIS, Aug 27 (Reuters) – Britain would still have to honour all its financial obligations made during its membership of the European Union even if a ‘no-deal’ Brexit occurred, said EU Economics Commissioner Pierre Moscovici on Tuesday.

British Prime Minister Boris Johnson has said that if Britain leaves without a deal, it will no longer legally owe the 39 billion pound ($47.9 billion) divorce bill agreed by his predecessor.

However, Moscovici said this was not the case.

“The British will have to settle their payments,...


This article was automatically added to our system 27-8-2019

UK would still have to pay its EU budget bill -Moscovici


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