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Montevideo, January 18th 2018 - 11:22 UTC

Tag: Michel Barnier

  • Thursday, January 11th 2018 - 09:34 UTC

    UK charm offensive in Germany to lobby for London's post Brexit financial services

    Secretary David Davis and Philip Hammond published in the daily Frankfurter Allgemeine Zeitung calling for a bespoke solution to maximize cooperation

    The German government on Wednesday sought to pour cold water over Britain's hopes of a bespoke post-Brexit arrangement for financial services. German Chancellor Angela Merkel's spokesman told reporters that Berlin's focus would remain on preserving a unified stance among the 27 EU nations as Brexit negotiations prepare to enter a critical phase. Britain's financial services industry is expected to be one the main battlegrounds in the next stage of talks.

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  • Wednesday, January 10th 2018 - 10:38 UTC

    Farage: Barnier doesn't understand why 17 million voted to leave the EU

    Farage, member of the EU Parliament, said he was left with the impression after the Barnier meeting that the UK and EU would easily strike a trade deal for goods.

    Nigel Farage, who as leader of the UK Independence Party was one of the leading campaigners for Britain to leave the European Union, crossed swords with one of his main EU adversaries. After meeting Michel Barnier, the EU’s chief Brexit negotiator, for about 30 minutes in Brussels, Farage said he was convinced that the Frenchman doesn’t understand why more than 17 million people voted for the UK to leave in the 2016 referendum.

  • Thursday, December 21st 2017 - 11:07 UTC

    Transition period after Brexit ends the last day of 2020, states EC

    This was the first official confirmation that it is the goal of EU negotiators. British Prime Minister Theresa May had sought a transition lasting around two years.

    The European Union wants a transition period after Brexit to end no later than the last day of 2020, according to the European Commission's negotiating directives agreed on Wednesday. That date, coinciding with the end of the EU's seven-year budget period and 21 months after Britain departs the EU, had long been expected as the target end point of the transition.

  • Tuesday, December 19th 2017 - 12:06 UTC

    Any UK/EU trade agreement will not include financial services, warns Barnier

    ”There is no place (for financial services),“ Barnier said. ”There is not a single trade agreement that is open to financial services. It doesn't exist.” Reuters

    The European Union has dashed the British government's hopes of carving out a special arrangement to allow City firms to trade freely in the EU if Britain leaves the single market. Michel Barnier, the European Commission's chief Brexit negotiator, said he was not open to a free trade agreement including financial services.

  • Monday, December 18th 2017 - 06:56 UTC

    Theresa May and cabinet to discuss UK's future relationship with the EU

    Mrs. May will tell MPs that the guidelines point to the “shared desire of the EU and the UK to make rapid progress on an implementation period”.

    Theresa May is due to meet her “Brexit cabinet” - about a dozen of her most senior ministers - to discuss for the first time what the UK's future relationship with the EU should be. The PM will later tell MPs the UK wants to sign trade deals during what she calls an implementation period.

  • Thursday, December 14th 2017 - 17:39 UTC

    EU warns UK there is no “backtracking” on the divorce deal reached by PM May in Brussels

    EU’s chief Brexit negotiator Michel Barnier warned there could not be any “backtracking” on the divorce deal struck between Theresa May and Brussels.

    Britain and the EU face a “furious race against time” to agree a transition deal and future trade relations within the next 10 months, European Council president Donald Tusk has said. In a letter to the leaders of the 27 remaining EU states ahead of a crucial summit on December 14-15, Mr Tusk urged them to show continued “unity” as Brexit negotiations enter their second phase.

  • Monday, November 13th 2017 - 09:23 UTC

    EU working on a plan for the possible collapse of Brexit negotiations

    Barnier made the statement in an interview with French newspaper Le Journal du Dimanche days after giving the UK a two-week deadline to clarify key issues.

    The European Union's chief negotiator, Michel Barnier, says he is planning for the possible collapse of Brexit negotiations with the UK. Barnier was talking to French newspaper Le Journal du Dimanche days after giving the UK a two-week deadline to clarify key issues.

  • Tuesday, October 17th 2017 - 11:51 UTC

    May and Juncker agree “Brexit negotiations should accelerate”, but differences remain

    May and Juncker said they had had a “broad, constructive exchange on current European and global challenges”, including preserving the Iran nuclear deal

    Brexit negotiations should “accelerate over the months to come,” says a joint statement from the UK prime minister and the president of the EU Commission. Theresa May and Jean-Claude Juncker met in Brussels on Monday for a dinner they called “constructive and friendly”.

  • Friday, October 13th 2017 - 12:33 UTC

    EU chief negotiator says Brexit talks are stuck in a state of deadlock

    Barnier said trade talks were likely to be delayed by months, increasing the chance of no deal being done.

    The European Union's chief negotiator on Brexit talks says negotiations with the United Kingdom are stuck in a state of deadlock. The EU wants to know what divorce bill Britain is prepared to pay before talks go any further. British officials, on the other hand, want to begin trade talks now, before they commit billions.

  • Tuesday, September 26th 2017 - 10:31 UTC

    EU and UK clash over Brexit: both sides set conditions to advance

    “There are no excuses for standing in the way of progress,” Davis said in a brief statement to reporters alongside Barnier at the EC headquarters in Brussels.

    The EU and Britain resumed Brexit talks on Monday with fresh clashes, dimming hopes that a speech by Prime Minister Theresa May could provide a breakthrough in unlocking stalled negotiations. The EU's chief negotiator Michel Barnier insisted that he would not discuss May's call for a two-year post-exit transition deal until there was progress on key issues, including Britain's divorce bill.