Close Menu
Chronicle NG
    Trending Stories
    24 BBNaija housemates contest for N160m prize

    24 BBNaija housemates contest for N160m prize

    July 26, 2026
    Army nabs wanted soldier while fleeing to Cameroon

    Army nabs wanted soldier while fleeing to Cameroon

    July 26, 2026
    Burna Boy, Shakira reunite ahead of World Cup final halftime show

    Shakira reveals why she chose Burna Boy for World Cup anthem

    July 26, 2026
    Facebook X (Twitter) Instagram
    Trending
    • 24 BBNaija housemates contest for N160m prize
    • Army nabs wanted soldier while fleeing to Cameroon
    • Shakira reveals why she chose Burna Boy for World Cup anthem
    • Tinubu appoints Olanrewaju-Smart as special adviser on House of Reps matters
    • Neymar scores brace, mocks critics on Santos return
    • Al-Mustapha: Abacha didn’t die during sex, I have CCTV footage
    • Joshua dedicates win over Prenga to friends killed in Ogun crash
    • Syria bus crash death toll rises to 35 after highway collision
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, July 27
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Britain to pay Brexit price – Hollande

    Chronicle EditorBy Chronicle EditorApril 29, 2017No Comments4 Mins Read
    Facebook Twitter Telegram WhatsApp
    EU President Donald Tusk in Brussels at the HQ of the European Council, on April 29, 2017 for a summit on Brexit negotiating guidelines AFP
    EU President Donald Tusk
    Facebook Twitter WhatsApp
    EU President Donald Tusk in Brussels at the HQ of the European Council, on April 29, 2017 for a summit on Brexit negotiating guidelines
    AFP

    French President, Francois Hollande has hinted that Great Britain will have to the price for pulling out of the European Union.

    EU leaders today unanimously adopted their Brexit strategy at a special summit in Brussels, in a show of unity ahead of two years of tough talks with Britain.

    The 27 leaders quickly agreed on the negotiating guidelines as they met without Britain for the first time since Prime Minister Theresa May triggered the divorce process a month ago.

    They say talks on a future trade deal with Britain can only start once London agrees divorce terms on citizens’ rights, its exit bill and Northern Ireland.

    French President Francois Hollande said as he arrived that “the aim of the summit is unity”, adding that “there will inevitably be a price and a cost for Britain.”

    French President Francois Hollande
    AFP

    Speaking on the guidelines, EU President Donald Tusk said on Twitter, shortly after the summit began, “Guidelines adopted unanimously. EU27 firm and fair political mandate for the Brexit talks is ready.”

    Leaders adopted the guidelines, unchanged, within one minute, an EU source said.

    Guidelines adopted unanimously. EU27 firm and fair political mandate for the #Brexit talks is ready. #EUCO

    — Donald Tusk (@eucopresident) April 29, 2017

    Tusk earlier said leaders “need to remain united as the EU 27” but said it was “also in Britain’s interest” if unity boosted the chances of a swift Brexit deal.

    May this week accused the EU of ganging up on London, in a war of words with German Chancellor Angela Merkel who said Britain had “illusions” about the talks.

    Brexit has offered the EU a fresh chance at unity after years of bitter internal divisions over the euro and migration, although many still fear they could fall out during the talks.

    – Cost for Britain –

    Merkel said the EU wants “good relations” with Britain but added that “we also want to defend, at 27, our common interests — so far we have done extremely well.”

    The EU’s chief Brexit negotiator, Michel Barnier, said the bloc had a “clear line” on the talks. “But this unity is not directed against Britain, I think that it is also in its interest,” he said.

    The EU 27 have considerably toughened the guidelines since Tusk first unveiled them a month ago, with Brussels also drawing up a detailed list of citizens’ rights.

    Tusk said this issue — the fate of three million EU citizens living in Britain and one million Britons on the continent — “must be number-one priority for EU and the UK.”

    Officials hope for agreement on this by the end of the year.

    In a further move that will rile London, the EU is also set to back automatic membership for Northern Ireland if it reunifies with Ireland, and call for Spain to have a say over any deal that affects Gibraltar.

    The leaders will also discuss for the first time the spoils of Brexit — the relocation of EU medical and banking agencies that are currently based in London.

    The EU guidelines say that only when “sufficient progress” has been made on divorce issues can these trade talks begin, with sources saying they hope to do that by the end of the year.

    EU leaders were discussing how to define this progress after approving the guidelines at the summit, EU officials said.

    – ‘Theresa’s Brexit’ –

    While the EU says citizens’ rights is a priority, the most touchy issue of all is likely to be Britain’s exit bill.

    This is estimated at around 60 billion euros ($65 million), which mainly covers financial commitments made by the bloc while Britain was a member.

    The bill is politically toxic for Britain but also risks causing divisions among EU states as they debate how to plug any holes in the EU’s budget.

    May’s decision to call a general election in Britain on June 8, in a bid to shore up her mandate and strengthen her negotiating position, has only stiffened their resolve.

    The elections are “an internal problem she wants to resolve in the Conservative party, to have not a hard Brexit or a soft Brexit, but Theresa’s Brexit,” said Luxembourg’s prime minister Xavier Bettel.

    Actual Brexit talks are not expected to begin until after the British election, although the EU is set to give an official mandate to Barnier on May 22.

    AFP/YAHOO

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    24 BBNaija housemates contest for N160m prize

    24 BBNaija housemates contest for N160m prize

    Army nabs wanted soldier while fleeing to Cameroon

    Army nabs wanted soldier while fleeing to Cameroon

    President Bola Tinubu has appointed Wasiu Olanrewaju-Smart as special adviser to the president on matters in the House of Representatives.

    Tinubu appoints Olanrewaju-Smart as special adviser on House of Reps matters

    Hamza Al-Mustapha speaking to journalists while rejecting claims about former military ruler Sani Abacha's death.

    Al-Mustapha: Abacha didn’t die during sex, I have CCTV footage

    Burnt passenger bus and wreckage after a fatal collision on the Damascus-Deir Ezzor highway in Syria that killed 35 people.

    Syria bus crash death toll rises to 35 after highway collision

    Main gate of Confluence University of Science and Technology (CUSTECH), Osara, where two students were expelled and four others rusticated over disciplinary offences.

    Kogi varsity expels two students over ‘homosexuality’, others

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    24 BBNaija housemates contest for N160m prize

    24 BBNaija housemates contest for N160m prize

    July 26, 2026
    Army nabs wanted soldier while fleeing to Cameroon

    Army nabs wanted soldier while fleeing to Cameroon

    July 26, 2026
    Burna Boy, Shakira reunite ahead of World Cup final halftime show

    Shakira reveals why she chose Burna Boy for World Cup anthem

    July 26, 2026
    President Bola Tinubu has appointed Wasiu Olanrewaju-Smart as special adviser to the president on matters in the House of Representatives.

    Tinubu appoints Olanrewaju-Smart as special adviser on House of Reps matters

    July 26, 2026
    Neymar tests positive for COVID-19, Santos say

    Neymar scores brace, mocks critics on Santos return

    July 26, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.