Mark Gilbert , Columnist

Brace for a 60-Billion Euro Brexit Battle

The EU will want the U.K. to settle its debts before discussing post-Brexit relations.

January 31, 2017 at 8:52 AM UTC

Mark Gilbert is a Bloomberg Opinion columnist covering asset management. A former London bureau chief for Bloomberg News, he is author of “Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable.”

Not strictly true.
Photographer: Jack Taylor/Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Like many a divorce, the U.K.'s separation from Europe threatens to get bogged down over money. While the U.K. wants to focus straight away on building a post-European Union identity, for the EU the first order of business will be the 60 billion euros ($64 billion) the bloc says Britain owes it.

QuickTake Describing a Post-Brexit Trade Deal