Tag: Brexit

• Tuesday, November 21st 2017 - 13:16 UTC

  ECB warns banks that they “need to have substance locally” in post Brexit

  

  European regulators have warned banks working on post-Brexit plans that they will “need to have substance locally” to serve European clients. The European Central Bank said some of the proposals it has reviewed are inadequate and risk creating “empty shells”.

• Tuesday, November 21st 2017 - 09:55 UTC

  London looses European Banking Authority to Paris and European Medical Agency to Amsterdam

  

  Paris has won a battle to host the European Banking Authority (EBA), which will relocate from London after the UK leaves the European Union. The French capital's victory follows a win earlier for Amsterdam, which will host the London-based European Medicines Agency (EMA).

• Tuesday, November 21st 2017 - 09:27 UTC

  Wales and Galicia sign bilateral accord to minimize Brexit impact for fishing sector

  

  Galicia and Wales intend to sign their own bilateral agreement to try to minimize the impact that Brexit will have and avoid damage to the fishing sector. The announcement was made by Galician president Alberto Núñez Feijoo, after having obtained a positive response to his invitation to the Welsh prime minister, Carwyn Jones.

• Tuesday, November 21st 2017 - 09:22 UTC

  Goldman Sachs CEO on Brexit: “So much at stake, why not make sure consensus still there?”

  

  The chief executive of Goldman Sachs, Lloyd Blankfein, has suggested holding another referendum on Brexit and tweeted: “Here in UK, lots of hand-wringing from CEOs over #Brexit... So much at stake, why not make sure consensus still there?”

• Saturday, November 18th 2017 - 08:27 UTC

  Tough day for Theresa May: EU two-week deadline, and Ireland warns about a “hard border”

  

  European Union President Donald Tusk warned Britain on Friday that it had until early December to make “much more progress” on divorce terms in order to unlock Brexit trade talks by the end of the year.

• Thursday, November 16th 2017 - 09:54 UTC

  Key ally of Merkel more optimistic about Brexit after meeting Theresa May

  

  Manfred Weber, a leading lawmaker in the European Parliament and head of the European People Party, said on Wednesday he was more confident about Britain and the European Union ironing out difficulties in the Brexit talks.

• Thursday, November 16th 2017 - 09:47 UTC

  PM May to address European parliament leadership on 24 November

  

  British Prime Minister Theresa May will meet the European Parliament’s leadership on November 24, according to senior Parliament officials in Strasbourg. They said May will address the Conference of Presidents, the president of Parliament and the chairs of the political groups, not all MEPs.

• Wednesday, November 15th 2017 - 08:22 UTC

  Parliament begins marathon debate on EU Withdrawal Bill...and PM's May leadership

  

  The British parliament started hours of debate on Tuesday by arguing over when the two-year negotiating period for Brexit should end and whether there should be a fixed time at all.

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

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

  

  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.

• Monday, November 13th 2017 - 09:14 UTC

  Theresa May hosts “business summit” with EU/UK organizations

  

  European business leaders will meet UK Prime Minister Theresa May later on Monday to voice concerns about the future of UK-EU trade. Experts from groups including the CBI and Business-Europe will stress the need for a transitional deal that preserves the status quo after Brexit.