Germany’s finance minister has warned that Britain may have to pay money to Brussels years after Article 50 is invoked.
Wolfgang Schauble told the Financial Times that there would be no generosity in negotiations and that the UK would have to fulfil its commitments right up to it’s complete departure.
Possibly there will be some commitments that last beyond the exit … even, in part, to 2030 … Also we cannot grant any generous rebates.
Schauble also warned that despite May’s plan to quit the Union in 2019, Britain would remain bound by tax rules in attempts to keep employers and investors in the UK.
The damning message from the German continues the aggressive approach coming from EU member states.
French president Francois Hollande said that Britain must pay the price for leaving the European Union.
Hollande warned in October that the EU was prepared to make things difficult for the UK.
I said very firmly: Theresa May wants a hard Brexit? The negotiation will be hard.
Theresa May has said she will trigger Article 50 in March 2017.