Britain will face EU demands for billions of euros in cash if it fails to strike...
BRUSSELS - Britain will face EU demands for billions of euros in cash if it fails to strike a Brexit deal, Brussels officials and diplomats said on Monday after talks with London stalled 18 days before it is due to leave the bloc.
Prime Minister Theresa May agreed a withdrawal treaty last year under which Britain would pay the European Union close to 50 billion euros over the coming years to meet commitments made while a member. But the British parliament has rejected the deal and the treaty will be void if nothing changes by March 29.
With May planning to put the package to a second vote in the House of Commons on Tuesday, her negotiators failed to secure concessions in Brussels at the weekend and EU officials and national diplomats told Reuters they were growing pessimistic and looking at how a collapse of talks might play out. “First, they would have to agree to pay what they are due,” an EU official said. Diplomats said negotiators have briefed the 27 other governments that this would be a condition for talks.
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