EU Brexit chief says Britain must settle account of what it owes
BRUSSELS — The European Union’s chief Brexit negotiator insisted Wednesday that Britain’s accounts must be settled before any talks on its future trade relationship with the EU can take place, as he warned that time is running out to seal a deal by 2019.
The process is unprecedented and complicated, and combined with fresh delays caused by snap elections in Britain, has ratcheted tensions between Prime Minister Theresa May’s government and the 27 nations that will remain in the EU.
Barnier did not specify how much Britain should pay, but his negotiating mandate said it should cover budget payments, the cost of ending Britain’s membership of any EU institution including banks, and the bill for relocating any EU agencies on its territory.