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EU's Barnier hits back at UK on Brexit bill

AFP  |  Brussels 

Brexit negotiator Michel Barnier warned today that time was running out for talks after foreign minister Boris Johnson said the bloc could "go whistle" for the divorce bill.

"I am not hearing any whistling, just the clock ticking," France's Barnier told a conference when asked about Johnson's comments on the money the European Union expects to pay when withdrawing.

Barnier urged to send Brussels its negotiating position on key issues ahead of the second round of formal Brexit talks with his British counterpart David Davis, which start Monday in Brussels.

He added that Britain had to finally admit that it needed to foot the bill for its departure, estimated by officials at around 100 billion euros ($112 billion).

"On the single financial settlement, it is essential that the recognise the existence of financial obligations which are simply a result of the period in which they were members of the EU," he said.

Only then could the and Britain work on the "methodology" of how that bill would be worked out.

The first phase of the Brexit talks are focusing on divorce issues -- the divorce bill, the rights of EU citizens living in the and vice versa, and the border in Northern Ireland.

The EU says it will only start discussing future relations with the UK, including a possible trade deal, after "sufficient progress" has been made on those topics, hopefully later this year.

But the exit bill has been a major source of contention, with Johnson saying it was excessive in a speech to parliament on Monday.

"I think that the sums that I have seen that they propose to demand from this country seem to me to be extortionate and I think 'to go whistle' is an entirely appropriate expression.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 12 2017. 17:59 IST