🇬🇧

UK not paying Brexit bill would be debt default, French source says

Credit: Reuters- Published on June 9, 2019
A source close to French President Emmanuel Macron said on Sunday that failing to pay a 39 billion pound ($50 billion) Brexit bill when Britain leaves the European Union would amount to a sovereign debt default.
Advertisement

Credit: Wochit News
Published on June 9, 2019 -  00:47
France: UK Ignoring Brexit Bill Would Be Sovereign Debt Default
A source close to French President Emmanuel Macron said on Sunday that failing to pay a $50 billion Brexit bill when Britain leaves the European Union would amount to a sovereign debt default. According to Reuters, the source said, for a nation to not honor its payment obligations is a failure of international commitments equivalent to a sovereign debt default, "whose consequences are well known.

You are here

Recent related videos from verified sources

France: UK ignoring Brexit bill would be sovereign debt default 00:48
Credit: Rumble - Published on June 10, 2019 


Boris Johnson would freeze $50 mln Brexit debt to EU 01:16
Credit: Reuters - Politics - Published on June 9, 2019 


You might like