UK Threatens To Quit Brexit Talks Over Excessive ‘Divorce Payment’ Demands

zerohedge.com / by Tyler Durden / May 22, 2017

With negotiations between the UK and EU likely to formally begin on June 19, Bloomberg reports that Brexit Secretary David Davis has pre-emptively lashed out at EU officials, threatening that “The UK will quit talks on leaving the European Union unless the bloc drops its demands for a divorce payment as high as EUR100bn.”

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Britain’s negotiations would otherwise be plunged into “chaos,” and even a 1 billion-pound settlement would be “a lot of money,” Davis said in an interview published in the Sunday Times.

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Read more ... source: The Bitcoin Channel

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