The Chancellor of the exchequer of great Britain Philip Hammond does not recognize the demands of Brussels to pay is 57.5 billion euros (50 billion pounds) for the state’s withdrawal from the European Union. This reports The Telegraph Thursday, March 21.
According to the publication, members of the Cabinet of Ministers is strictly against the payment of such large sums for Brexit and intend to limit it to 3.45 billion euros (3 billion pounds). As stated by the Chancellor, Brussels overestimated the size of the expected amount in advance of negotiations with Britain.
It was previously reported that the country’s withdrawal from the European Union would cost her 50 to 60 billion euros. This amount consists of already undertaken by the London long-term financial obligations, including pension contributions, working in the European Union to the British. The EU plans to demand payment of the full amount to the UK’s exit from the interstate Association.
A referendum on the country’s withdrawal from the EU was held on 23 June 2016. More than half of the respondents voted for Brexit. The law allowing the Prime Minister Theresa may to begin the process of a British exit from the EU, was approved by Parliament on 14 March and two days later signed by Queen Elizabeth II.