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NEWS ANALYSIS
EU budget deficit intractable problem for Brexit
The departure of the UK from the union in March 2019 will leave a deep hole in an EU budget which is increasing every year
The UK must show much more progress on the "divorce bill", EU Council President Donald Tusk told British Prime Minister Theresa May in a meeting a few days ago.
PHOTO: REUTERS
London
BRITISH Prime Minister Theresa May and her "Brexit" negotiating team need to embark on serious creative thinking to persuade the European Union (EU) to begin trade negotiations.
The basic stumbling block is money. The EU's spending commitments in the coming 12 months is...
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