Teresa May is preparing 20 billion euros to break Brexit roadblock

20 Sep 2017 11:42 AM

The Financial Times presented a sneak preview of Teresa May's speech to be delivered in Florence on Friday, citing officials briefed on the discussions. Angela Merkel, the German Chancellor through the British government, was told to expect British Prime Minister Teresa May to pay at least 20 billion Euros to fill the EU budget hole after the departure of Britain.

British Prime Minister Top Advisor Olli Robbins contacted his counterparts in several European capitals to reassure that the Teresa May speech in Florence would include the financial offer. The Teresa May team hopes the offer will break the three-month roadblock in Brexit talks and allow them to move on to the second phase of negotiations.

Tags: Brexit EU EUR

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