The EU’s chief negotiator Michel Barnier has offered the UK £90m for Europe to fish in British waters, which was rejected by Boris Johnson, saying it is “not enough.”
The British Prime Minister and his team said the figure was “too low” and have told Barnier to up the price for access.
The EU chief negotiator has suggested 25% of the total catch of fish that European boats catch in British waters per annum.
The Europe Editor Tony Connelly said, “Barnier has spoken about the €650m worth of fish that the European fleet catch in British waters.
“They want to take that and see how much of that can be passed over to UK boats.
“So what if the EU said you can get €100m of that back as a package of value that you can get showing this is the value we are getting out of Brexit in terms of the amount of fish we can get.
“The theory is that would give the UK a tangible gain on stock shares while allowing EU fleets to maintain a significant amount of access to UK waters and a significant share of fish quotas.”
He added, “It is probably not enough if that’s the way we’re going but that is the direction of travel in terms of reaching a deal.”
An official told RTE, “If the wider negotiations are going well and there’s a possibility of a deal there, then at some point somebody will say, okay, enough is enough, let’s split the difference.”