Brexit Bill Like Paying Your Round in the Pub, EU Tells May
- European Commission says Britain must honor its obligations
- Analysts say divorce settlement could reach 60 billion euros
AB's Loughney: Brexit Evolution Panning Out as Expected
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Buying a round of drinks in the pub is an analogy that hits home for the British. And the European Union knows it.
That’s how the EU Commission chose to explain why Prime Minister Theresa May must settle the U.K.’s budget commitments in full, estimated at 60 billion euros ($64 billion), when it leaves the bloc’s remaining 27 countries in an estimated two years’ time.