After the UK rejected a demand from Brussels to pay €6.75 billion to join the SAFE defence fund talks have officially broken down. Just before the end-of-November deadline…
EU relations minister Nick Thomas Symonds said “it is disappointing that we have not been able to conclude discussions on UK participation in the first round of SAFE… Negotiations were carried out in good faith, but our position was always clear: we will only sign agreements that are in the national interest and provide value for money.” Translation: the bill was too high…
The British counter-offer was an €82 million contribution plus other fees. The EU didn’t bite…
