Ignoring, for the time being, the demands on immigration, it seems that the EU has finally given some workings on their calculation of financial demands on "divorce" (as they emotively choose to characterise our leaving their political club).
“financial settlement should be based on the principle that the United Kingdom must honour its share of the financing of all the obligations undertaken while it was a member of the Union. The United Kingdom obligations should be fixed as a percentage of the EU obligations calculated at the date of withdrawal in accordance with a methodology to be agreed in the first phase of the negotiations”.Readers will be aware of my cynicism about the binding nature of International Law, but clearly Britain is going to comply with the governing treaties for diplomatic purposes so, ultimately, this is a legal negotiation, based upon their terms. I have only one question therefore. Where in the treaties governing the relationship of the member states of the EU is the above "principle" stated? Spoiler alert. It isn't.
I made my living as a negotiator. There's always a ritual dance. No-one opens with what they expect to get, but this is a joke that destroys the EU's credibility as a negotiating partner. It is a signal of bad faith and an insult to the British people.