Johnson threatens to withhold 39 billion-pound EU Brexit payment

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Johnson threatens to withhold 39 billion-pound EU Brexit payment
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Boris Johnson, the leading candidate to succeed Theresa May as leader of Britain...

FILE PHOTO: Former British Foreign Secretary Boris Johnson gives a speech at the JCB Headquarters in Rocester, Staffordshire, Britain, January 18, 2019. REUTERS/Andrew Yates/File Photo

LONDON - Boris Johnson, the leading candidate to succeed Theresa May as leader of Britain’s Conservative Party and its next prime minister, said he would withhold a 39 billion-pound exit payment to extract better terms from the European Union. “I always thought it was extraordinary that we should agree to write that entire cheque before having a final deal. In getting a good deal, money is a great solvent and a great lubricant,” Johnson told the Sunday Times.

The 39 billion pounds represents outstanding British liabilities to the EU, which would be paid out over a number of years according to a withdrawal agreement negotiated by May.

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