German Chancellor Angela Merkel warned the U.K. on Saturday that it would have to pay a settlement to leave the EU, denying that the obligation amounted to a “fine.” “This is about obligations that Great Britain has entered into and that naturally must remain on the books,” Merkel said in her weekly podcast published Saturday ahead of the latest round of talks next week, Bloomberg reported. “It’s not about the cost of divorce — that makes it sound like fines. We’re still at the very start of these negotiations.”
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