Dr Ioannis Glinavos, Senior Lecturer in Law, wrote an article for The Conversation discussing Boris Johnson’s intention to not pay the UK’s Brexit divorce bill. 

Portrait of Dr Ioannis Glinavos

Comparing Britain’s situation to Greece in 2015, Dr Glinavos explains that by defaulting on its Brexit bill payment, its credit rating would suffer as a consequence. He said: “When a country is in tense negotiations with the same institutions on which it entirely relies on for its everyday funding, you can image what this means in terms of negotiating power.”

Adding that this would put a strain on public spending on top of the Conservative governments’ austerity drive, he concluded: “It is unlikely that a sharp contraction in public spending due to borrowing difficulties would be positively received by the British public.”

Read the full article on The Conversation. 

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