EU Chief Negotiator to demand Britain to pay £48bn exit fee from the EU

After having some chats in Brussels in the week, a break up bill of €57bn (£48bn) has been issued to the UK by Chief Brexit negotiator Michael Barnier.

According to Sky News, the exact amount Britain is to pay was unanimously reached at a gathering on Monday, where countries like France and Germany made a demand for the UK to pay upwards of €70bn (£59bn).

Report has it that the UK is committed to several tens of billions of euro in spending on European Union wide-ranging ventures up till year 2020 which includes pensions of officials.

Accordingly, the meeting came to an end after it was agreed that before any trade talks starts, Britain will have to pay the final bill.

On the contrary, the UK was of the believe that future trade deal with the EU could be reached correspondingly.

From the foregoing, one can perceive that the possibility of the EU having some clash with the UK is obvious due to the decision reached at the technical meeting, which came up ahead of the triggering of Article 50 by the PM on or before the end of March.

In an extensive discussion it was also established that reciprocal rights for EU nationals would have to start from "ground zero".

Though Theresa May had always insisted that priority should be given to the issue of the rights of EU nationals living in the UK and vice-versa.

Accordingly, there seem to be a strong indication that Brexit Secretary David Davis may likely spend up to two days each week in order to have a face to face chats with Mr Barnier.

Also, there is this worry in Brussels and Dublin about the effect of customs controls in Northern Ireland which has been underrated.

The Irish Prime Minister, Enda Kenny, on a tour of European capitals said in Warsaw on Thursday, said: "We have a particular set of circumstances in Ireland.

"We are the only place in the EU where there is a peace process, supported by both the European Union and the United States, and this gives us special status as it is."

He also said: "The Republic of Ireland and Northern Ireland are both the places most adversely affected by Brexit, and we need to be imaginative and creative as to how we deal with the situation.

"It does give us a special situation, which is increasingly recognised in Europe."