Fears mount a no-deal Brexit could lead to more chaos in EU economies

Boris Johnson says the UK is ready for any eventuality The chances of the UK leaving the European Union without a trade deal have risen sharply as negotiations have been threatened by London’s insistence that it have full autonomy over … Read More

New barriers for Europe and UK even if Brexit deal is struck, Michel Barnier warns

posted in: European Union, News

Mr Barnier was due to hold emergency talks today with UK chief Brexit negotiator David Frost amid a stand-off over state aid rules and fishing rights (REUTERS ) EU chief Brexit negotiator Michel Barnier today stepped up warnings across Europe that there will be … Read More

Germany ‘ditches plan for EU Brexit talks’ amid concern over lack of progress

posted in: Germany, News

German Chancellor Angela Merkel. (PA) Germany has reportedly scrapped plans to discuss Brexit at a high-level meeting next week because Britain and the EU have made no “tangible progress” over the summer. According to The Guardian, Germany — which holds the … Read More

#Brexit – David McAllister underlines the need for rapid progress in EU-UK negotiations

Statement by David McAllister (EPP, DE) (pictured), chairman of the Parliament’s EU-UK Coordination Group, after the latest round of talks on the future relationship between the UK and the EU: “Michel Barnier just debriefed the UK Coordination Group in the European … Read More

Revealed: Emergency plans to protect UK if second coronavirus spike coincides with no-deal Brexit

A Cabinet Office “reasonable worst-case scenario” document, dated July 2020, has been leaked to a national newspaper. A government spokeswoman said it ‘reflects a responsible government ensuring we are ready for all eventualities’ Emergency plans drawn up by the government … Read More

The UK Falls Into an Elephant Trap of Its Own Making on Brexit

It is the quiet before the storm on Brexit. After a three-week summer break, UK and EU negotiators reconvene this week for another round of talks. They have just several weeks to overcome the key obstacles to a deal—disagreements on … Read More

UK chief negotiator says aiming for Brexit deal in September

posted in: European Union, News

LONDON (Reuters) – Britain’s assessment is that a Brexit agreement can be reached with the European Union in September, the UK chief negotiator David Frost said on Thursday ahead of a round of negotiations with his EU counterpart Michel Barnier … Read More

Avoiding the Japanification of Europe

posted in: European Union, News

BOLOGNA — As monetary and fiscal authorities have acted aggressively to blunt the COVID-19 pandemic’s economic impact, public debt and central-bank balance sheets have swelled rapidly. In the European Union, this trend is compounded by a new 750 billion euros … Read More

Bank of England says UK economy recovering faster than first feared

Rise in consumer spending cheers bank but unemployment will double and GDP drop ‘significantly’ The Bank of England building. Photograph: Ray Tang/REX/Shutterstock The Bank of England has said Britain’s economy is recovering more quickly than initially feared from the coronavirus pandemic … Read More

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