THE FINANCIAL SETTLEMENT OF BREXIT
THE FINANCIAL SETTLEMENT OF BREXIT

Summary/Abstract: Brexit is a main problem in today”s Europe. The original two-year deadline of Article 50 has passed by and we have witnessed extensions of the exit deadline of the United Kingdom. During the negotiations one of the three mainstream issues that were taken into consideration as a must is the financial settlement between the United Kingdom and the European Union. No-deal Brexit as an United Kingdom exit from the European Union without a negotiated and signed agreement settling the terms after departing was a default situation from the start. Settlement we call the negotiated agreement regarding the financial issues may not be a part of the no-deal Brexit. Such settlement in case of a nodeal may only be slumbering and used as a guide and its content as principles when the parties wish to cooperate on such an area. As the financial settlement part was one of the easiest areas to be accepted by both parties should have as much highlight as areas the parties cannot reach an agreement even at the last minute.

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