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EU money demands for Brexit deal 'seem extortionate': UK's Johnson

Reuters  |  LONDON 

LONDON (Reuters) - The sums of money the European Union is to demand from Britain as part of its Brexit settlement "seem to be extortionate", British Foreign Secretary Boris Johnson said on Tuesday.The EU wants an agreement on how the "Brexit bill" will be calculated before launching talks on a free trade agreement. It puts Britain's financial settlement at tens of billions of euros and includes covering a share of future EU budget commitments made while it was a member.Asked by a lawmaker in parliament if the EU should be told to "go whistle" if it wants money from Britain to leave the bloc, ...

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First Published: Tue, July 11 2017. 17:50 IST