FIRST AIRED: May 3, 2017

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Transcript

00:00:00
>> The EU is getting closer to putting a price on Brexit.>>
FOREIGN]
> But it could still be quite a bill. The EU's Chief Brexit Negotiator saying Wednesday that London will have to settle its accounts with Brussels before exit talks can start in earnest. Michel Barnier not putting a figure on how much the UK owes.
00:00:24
But British media reports say Brussels could be looking for up to 100 billion Euros. Barnier also warning London not to expect an easy ride.>> Some have created the illusion that Brexit would have no material impact on our lives, or that negotiations can be concluded quickly and painlessly.
00:00:50
This is not the case.>> A quick response from across the channel.>> The numbers have been bandied around in the press, 50, 60, 100 billion, we don't recognize. We certainly had no indication of it.>> Brexit Minister, David Davis, saying there is no way Britain will pay 100 billion.
00:01:06
Minister's hoping that figure is just an opening gambit in what is sure to be some very tough talking.