EU financial ministers meeting in Brussels. Dispute over a European Union budget surcharge.

The European Union initially requested the UK to pay £1.7 billion, which was deemed unacceptable by the UK Prime Minister. Through intensive negotiations, the UK managed to halve the bill to £850 million, delay the payment, and ensure no interest would be charged. Additionally, the UK secured a permanent change in EU rules to prevent similar situations in the future. The British rebate will apply fully, and payments will be made in two installments. This agreement was reached with the cooperation of the EU Commission and other Member States, marking a significant achievement for the UK.

What was the initial financial demand made by the European Union to the United Kingdom?

• £1 billion

• £2 billion

• £1.7 billion

• £850 million

What was one of the key outcomes of the negotiations between the UK and the EU?

• The UK paid the bill with interest.

• The UK agreed to pay the full amount immediately.

• The UK managed to halve the bill and delay the payment.

• The UK decided to leave the European Union.

What was the final amount the UK agreed to pay after negotiations?

• £1.7 billion

• £1 billion

• £850 million

• £500 million

How did the UK ensure that similar financial demands would not occur in the future?

• By changing the rules of the European Union permanently

• By ignoring the EU's demands

• By leaving the European Union

• By paying the bill in full

Who was acknowledged for their cooperation in the negotiation process?

• The President of the United States

• The UK Prime Minister

• The Chancellor of Germany

• The Vice President of the Commission