Thursday, 23 February 2017

Britain has be given a serious warning that Brexit bill will be “very hefty” and trade deals with the EU will last for several years

May and Juncker

As the triggering of the much spoken about Article 50 draws nearer, it is becoming clearer that not only the UK is ready to surprise the EU with Theresa May’s hard Brexit stance. EU leaders seem to be ready as well with their own point to be presented to the UK once Article 50 is triggered.

This is because Britain has been given early warning by Jean-Claude Juncker that there will be no EU exit at "zero cost" and any trade deal will take years, and that the UK will be landed with a “very hefty bill.”

The EU Chief went further to state that UK/EU trade deal post Brexit would take several years, as against the anticipated two years being promised by the British PM.

Juncker stressed that before the UK finally leaves the EU, it must first of all pay its own share of EU spending which were agreed upon prior to Brexit.

Speaking on Tuesday, Mr Juncker said: "The British should know this, they know this already, that it will not be at a discount or at zero cost. The British must respect commitments they were involved in making.

"So the bill will be, to put it a bit crudely, very hefty."

Recall that the former UK ambassador to the EU Sir Ivan Rogers told MPs last month that the UK will end up having to pay the EU up to €60bn (£51bn) to leave.

He also said he thought it would be the "early to mid 2020s" before a trade deal with the EU was ratified.

Mr Juncker said: "We need to settle our affairs not with our hearts full of a feeling of hostility, but with the knowledge that the continent owes a lot to the UK.

"Without Churchill, we would not be here - we mustn't forget that, but we mustn't be naive."

The Leave campaign claim that the £350m a week paid to the EU by the UK would be returned on exit was key in bringing out the Brexit vote.


A large bill that could see the UK continue paying out to the EU would be unpopular with a public promised an imminent reversal of cash.

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