Brief
 
Understanding the “Brexit Divorce Bill”
The UK’s financial settlement, or so-called “Brexit divorce bill”, refers to the expected payment the United Kingdom has to make to the EU to honour its share of the financial commitments jointly undertaken by EU countries while the UK was a member of the European Union.
|   21/11/2017             |   Eulalia Rubio             |   Economics and finance
Brief
The UK’s financial settlement, or so-called “Brexit divorce bill”, refers to the expected payment the United Kingdom has to make to the EU to honour its share of the financial commitments jointly undertaken by EU countries while the UK was a member of the European Union.
Since there is some confusion in media and in public discussions with regard to the nature of this payment and the legal and political arguments supporting the EU’s claim, Eulalia Rubio, senior research fellow at the Jacques Delors Institute, reminds us what is in the “bill” and what is the position of the EU on this question. She also explains that despite disagreements on the size of the bill and more profound discrepancies regarding the nature and composition of this payment, there is space for constructive win-win discussions.