The European Parliament could seek to block talks on a UK-EU trade deal unless guarantees are put in place for the rights of citizens, the MEP in charge of the process has indicated. Guy Verhofstadt, the parliament’s chief Brexit negotiator, said MEPs would have to decide whether sufficient progress had been made on issues including EU citizens’ rights in the UK and those of British expatriates on the continent before talks on Britain’s future relationship with Brussels could proceed.
Gibraltar is preparing for a hard Brexit but expects new opportunities for its financial services sector despite the challenges ahead, Finance Centre Director James Tipping told a European Parliament committee in Brussels. Mr Tipping told the parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion that Gibraltar’s finance centre was “small by European standards” but crucial to Gibraltar’s economy.
British citizens should be able to choose to keep various benefits of EU membership including the freedom of movement after Brexit, the European Parliament’s chief negotiator has said. Guy Verhofstadt said he hoped to convince European leaders to allow Britons to keep certain rights if they apply for them on an individual basis.
The European Commission has refused to discuss the size of the “exit bill” to be handed to the UK when it withdraws from the EU, amid reports the demand has been fixed at around £48 billion.
The president of the European Parliament Martin Schulz said in Buenos Aires that if finally a trade and cooperation agreement is reached between the European Union and Mercosur the United Kingdom will not benefit as a consequence of Brexit.
Brexit campaigners have hit out at former foreign secretary William Hague after he claimed the Falkland Islands could fall to Argentina if the UK votes to quit the EU. In comments rubbished as scaremongering by Leave campaigners, Mr. Hague warned of an uncertain future for Falkland Islanders.
UK Foreign Secretary Philip Hammond has issued a firm hands-off warning to Argentina by insisting the government will “never sell out” the Falkland Islands. The Foreign Secretary insisted the “bullying and harassment” against the Islanders must stop, adding it is counter-productive and “shameful”.
Euro-zone nations will hold an emergency summit on Tuesday to discuss the Greek referendum No result after the German and French leaders called for a meeting, EU president Donald Tusk said. The special meeting comes as Brussels reels with the implications of what the head of the Euro-group of finance ministers from the 19-country block, Jeroen Dijsselbloem, called a very regrettable decision.
Prime Minister David Cameron will hold an early referendum on membership of the European Union if he can first reach a deal that satisfies his demands for major changes in Britain's relationship with the bloc, his spokesman said yesterday.
Turkey’s Foreign Ministry slammed the European Parliament’s decision to adopt a resolution that urges all EU member states and Turkey to recognize the 1915 events as ‘genocide’ and accused the resolution of mutilating history and law, Daily Sabah reports.