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...
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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,...


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


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