EU puts pressure on UK to pay €20bn bill or remain
The European Union has threatened to prevent the United Kingdom from leaving the bloc if Britain fails to pay up a €20 billion bill.
The EU officials reportedly brought the UK under pressure to pay the money which they say is the UK’s share from the bloc’s €200 billion bills that have remained unpaid for years, the Daily Express reported Saturday.
“A deal with Britain is inconceivable if the British do not settle these liabilities,” the daily quoted an unnamed EU source as saying.
EU Commission lawyers have also warned the government of Prime Minister Theresa May that a failure to pay up would equal a debt default, according to reports.
According to the daily, the bloc is now striving to put the 27-remaining members in the way of a British exit.
On June 23, some 52 percent (17.4 million) of British people voted to leave the EU after 43 years of membership.
The vote result caused political turmoil in the country, where former Prime Minster David Cameron announced his resignation hours after the vote and as Prime Minister Theresa May was named as the new premier within a few weeks.
The vote has also sent economic shockwaves through Britain as well as global financial markets. The pound has slumped to a record low against the dollar.
Although May was a part of Remain campaign during the referendum, she vowed to honor the decision to leave the EU by the British public and repeatedly insisted “Brexit means Brexit.”
The premier, however, has admitted that she does not expect to trigger formal EU talks this year.
Over 300 Arab figures urge British FM apology over Gaza genocide denial
Thousands rally in London against far-right racism
'Unprecedented criminalization' of pro-Palestine activists in UK raises alarm
Larijani asserts Iran’s support for resistance, says conveyed Leader’s message to Lebanon
VIDEO | Beirut’s southern suburbs targeted in 'heavy' Israeli strikes
Haaretz: Over 10,000 Israelis have migrated to Canada this year
VIDEO | Press TV's news headlines
Official: Iran to respond ‘decisively’ to any threat to its nuclear program
Nearly 70 Mossad-linked terrorists killed or captured in southeast Iran
What collapse of German coalition government means
Iran, Syria emphasize need to stop Israeli atrocities in Gaza, Lebanon
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
