Comments from an EU official via Livesquawk
- EU has agreed a financial settlement with UK on future commitments
- UK has committed to paying a set share of EU budgets after leaving the EU
- No discussions on numbers but a formula has been agreed for calculating the divorce bill
The fly in the ointment is that there’s no number agreed, That’s one reason why GBP got excited on the first headline but has been reigned in on the last one. Still, there’s agreements coming together and that’s GBP supportive.