The past few months have been one of the most fraught periods in the U.K.'s relationship with its EU colleagues for decades. The additional payment into the joint EU fund is part of a system where payments are altered if there is a big change in countries' expected performance, and is based on recalculations of how EU economies have performed since 1995.
In the past, the U.K. has benefited from rebates from the joint fund when it has performed worse than expected, and this time around, several countries have also been asked to pay more. For instance, the Netherlands has been asked to pay a 642 million euros surcharge this year.
"It's a problem for a number of countries, not just the British," Jeroen Dijsselbloem, finance minister for the Netherlands, said as he arrived at Friday's meeting.
Under the deal, the U.K. will be repaid its rebate upfront next year, rather than getting a rebate on contributions to the EU budget made the previous year.
The dispute is part of the EU's long-term, 960 billion euro budget for the 2014-2020 period, an amount that represents a nominal decrease of around 3 percent on the last budget. Money goes to areas including farming and foreign policy, and Britain and its EU partners agreed to it in February last year.