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U.K. prepares €20B EU budget offer

Published 09/20/2017, 03:57 AM
© Reuters.  U.K. prepares €20B EU budget offer
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  • Theresa May is reportedly ready to fill a post-Brexit EU budget hole of at least €20B, the first attempt by London to meet European demands to settle its divorce bill.
  • According to the FT, the offer will be included in her speech in Florence, Italy on Friday.
  • The hope is that addressing the exit payment will encourage Brussels to move forward on talks about a post-Brexit trade relationship.
  • ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, DXPS, HEWU, QGBR
  • Now read: Best Currency Positions For August 2017


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