Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 24th 2024 - 04:48 UTC

Tag: Michel Barnier

  • Monday, August 28th 2017 - 08:56 UTC

    Third round of Brexit talks in Brussels with not much flexibility from either side

    Davis will warn Brussels not to “drag its feet” in discussions which must be completed in time for the deadline of March 2019.

    Brexit Secretary David Davis is heading for a Brussels showdown, with a demand for the European Commission to be more “flexible” in negotiations on the UK’s withdrawal from the EU. With the third round of formal talks beginning on Bank Holiday Monday in the Belgian capital, Davis is pushing for EU negotiator Michel Barnier to be less rigid in his refusal to discuss the post-Brexit relationship between the UK and Europe.

  • Wednesday, August 2nd 2017 - 08:36 UTC

    Lord Hague supports Hammond for pushing for a Brexit transitional deal

    The ex-foreign secretary indicated the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels

    Philip Hammond has been backed by former Tory leader Lord Hague amid ongoing Cabinet tensions about the approach to Brexit. The ex-foreign secretary said the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels, giving time for a new trading relationship to be established and avoiding turning Brexit into a “disaster”.

  • Friday, July 21st 2017 - 08:49 UTC

    Brexit second round with EU ends with “fundamental disagreements”

    Mr. Barnier said the first round of talks had been about organization, this week had been about presentation, and the “third round must be about clarification”.

    The second round of Brexit talks has ended with “fundamental” disagreements remaining between Britain and the European Union on citizens’ rights and a stand-off over the so-called “divorce bill”.

  • Tuesday, July 18th 2017 - 05:43 UTC

    Complicated start for Brexit discussion in Brussels; PM May orders cabinet to stop infighting

    Davis is attempting to accelerate a dialogue with Barnier, but open divisions in PM Theresa May's cabinet make it difficult to determine the British course of action

    Negotiations regarding Britain's exit from the European Union resumed on Monday in Brussels, and Britain's prime minister warned her feuding cabinet to stop its infighting. David Davis, the Britain's Brexit secretary, began four days of talks with EU chief negotiator Michel Barnier in Brussels, but flew home to London after only three hours of negotiation.

  • Monday, July 10th 2017 - 15:01 UTC

    EU main negotiator warns of “negative consequences” if no Brexit deal is reached

    Barnier said some on the British side have not understood EU’s position and believe that they can hold onto the benefits of a single market while giving up membership.

    It will not be possible for Britain to enjoy all the benefits of the single market or frictionless trade with its former EU partners after Brexit, the European Commission’s chief negotiator has warned. Michel Barnier told an EU committee in Brussels that there will be “negative” consequences to Brexit, which result from the UK’s decision to vote Leave in last year’s referendum and not from any attempt by the EU to “punish” the UK.

  • Monday, June 19th 2017 - 14:51 UTC

    UK starts Brexit negotiations from a weakened position

    In Germany “people who created this sort of chaos would be long gone,” Gabriel said in reference to PM May.

    Talks between the United Kingdom and the European Union to finalise Britain's exit from the continental block started Monday in Brussels, about one year after Britons voted that their country is to leave the bloc by March 30, 2019. But Europe is determined to set an example so that other countries will not be attracted to the idea, even if it includes leaving an open door for Britain to stay.

  • Friday, April 28th 2017 - 10:53 UTC

    PM May had “constructive” talks with EC president Juncker and Brussels' chief Brexit negotiator Barnier

    “President Juncker and Prime Minister May discussed the Article 50 process ahead of his participation in the European Council on April 29”, said an EC release

    UK Prime Minister Theresa May has had “constructive” talks with European Commission president Jean-Claude Juncker on the Brexit process, Downing Street said. The Prime Minister hosted Mr Juncker and Brussels’ chief Brexit negotiator Michel Barnier for a working dinner in Number 10 ahead of a summit on Saturday where the leaders of the 27 other EU countries will consider their approach to the talks on the UK’s withdrawal.

  • Wednesday, April 26th 2017 - 08:39 UTC

    Brexit key players: Theresa May, Juncker and Barnier meet at Downing Street

    The three key players will discuss the upcoming negotiations on Britain's withdrawal from the EU over dinner at May's Downing Street residence.

    British Prime Minister Theresa May will on Wednesday hold talks with EU Commission head Jean-Claude Juncker and chief negotiator Michel Barnier, ahead of a summit to set the bloc's Brexit “red lines”. In the first such meeting between the three key players, they will discuss the upcoming negotiations on Britain's withdrawal from the European Union over dinner at May's Downing Street residence.

  • Wednesday, February 19th 2014 - 04:44 UTC

    Fed adopts tighter new rules for foreign banks to shield US taxpayers

    “Stability of the US financial system, best contribution to the global financial system” Fed Governor Dan Tarullo

    The US Federal Reserve adopted tight new rules for foreign banks to shield the US taxpayer from costly bailouts, ceding only minor concessions despite pressure from abroad to weaken the rule.

  • Friday, June 7th 2013 - 07:52 UTC

    Following the scandal, Libor to come under supervision of EU Paris-based regulator

    The draft was introduced by EU Commissioner Michel Barnier but so far “hasn't got political validation and is subject to change”

    European authorities are to propose bringing control of the inter-bank lending rate, Libor, under the supervision of a Paris-based regulator. The draft regulation proposes moving oversight of the scandal-hit benchmark from London to the European Securities and Markets Authority (ESMA).