Business Standard

EU leaders endorse Brexit negotiating plan

UK's Brexit bill will be 40 to 60 billion euros, says Luxembourg prime minister

European Chief Negotiator for Brexit Michel Barnier (right) chats with European Commission President Jean-Claude Juncker (centre) and France's President Francois Hollande during a EU summit in Brussels, Belgium (Photo:Reuters)
Premium

European Chief Negotiator for Brexit Michel Barnier (right) chats with European Commission President Jean-Claude Juncker (centre) and France’s President Francois Hollande during a EU summit in Brussels, Belgium (Photo:Reuters)

Ian Wishart, Stephanie Bodoni & Dalius Simenas | Bloomberg
European Union leaders unanimously approved guidelines for the upcoming Brexit talks, setting the stage for two-years of tussles with the UK government over finance and trade.

“Unity in action,” European Commission President Jean-Claude Juncker said on Twitter as he announced the 27 EU governments rubber-stamped the negotiating strategy in less than 15 minutes at a summit in Brussels.

Policy makers arrived declaring that they were united in their approach to Brexit and that Britain wouldn’t be allowed to be better off outside the bloc than inside it. Prime Minister Theresa May’s government was told it will have to agree to pay a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in