EU financial ministers meeting in Brussels. Dispute over a European Union budget surcharge.

The UK was initially required to pay £1.7 billion to the EU by December 1st. Through negotiations, the payment was halved, delayed to the next year, and no interest will be charged. The recalculation of the rebate led to this outcome, which is seen as progress for the UK. Additionally, rules have been changed to prevent similar situations in the future.

How did the speaker describe the outcome of the negotiations?

What measures were taken to prevent similar situations in the future?