European Union chief calls on May to give more clarity on Brexit

European Union chief calls on May to give more clarity on Brexit

The report warned that the UK's financial sector would be worst-affected in such a scenario while estimating that companies in European Union member states will pay a total of £31 billion (circa US$43 billion) per year in "tariff and non-tariff" barriers.

Addressing the European Parliament, Mr Juncker was cheered by Eurosceptic MEPs as he noted the UK's departure was due on March 29 2019.

Responding to the small group, Mr Juncker said the time would come "when you will regret your decision".

The head of the European Commission said any future relationship must be durable and not require continual renegotiation.

German firms will lose some 9 billion Euros (11.1 billion dollars) annually after Britain leaves the European Union if trade continues according to World Trade Organisation (WTO) rules, multinational law firm report revealed on Monday.

'If you decide to jettison, leave behind, the common agreements and rules, then you have to accept that things can not remain as they are'.

He said he did not want European Union citizens to "fall victim to Brexit" as he stressed the importance of securing their rights.

In return, British exporters to the European Union will have to pay £27 billion a year.

"In truth, there is no way we are going to have a detailed free trade agreement negotiated before Britain leaves the European Union", he said.

But he was heckled by one MEP who shouted "it is a British issue".

Britain and the European Union still have unfettered access to the market is complicating negotiations; Brussels does not see how this can be realised in practice.

But in the absence of an agreement on this, the Irish Government was "very clear" on the default position set out the commitment given by Ms May's government in the December agreement that there would be no hard border on the island of Ireland, he said.

European Parliament's Brexit co-ordinator Guy Verhofstadt also called for more details from the Prime Minister.

He said: "There was this Mansion House speech by Mrs May, but it was mainly repeating the red lines that we know already".

"If it needs to be extended, well then it can probably be extended for a short period after that if that's what's necessary", Mr Coveney said in an interview with Bloomberg Television.

He has put forward a motion to the European Parliament for an "association agreement" to deal with the future UK-EU relationship. The biggest hit sector is of no surprise, and that is financial services.

The Tánaiste said that the Government wanted a "more comprehensive solution" around the problem of the United Kingdom leaving the customs union and single market whilst avoiding a hard border on the island of Ireland.

"The EU is bullying us", he said, before urging Theresa May "to do what Trump has done and stand strong against the European Commission, against the unelected bullies".

Related Articles

  • Passing The Cisco CCNA Certification Exam Guide

    The course develops your knowledge and skills according to the digital era, which helps in getting evolution in the network. 3. This will also help in building up the required aptitudes the course requests. · Bifurcate what is important to learn.

    Institutionals Holders Overview For Mondelez International, Inc. (MDLZ)

    Norris Perne And French Llp Mi invested in 119,037 shares or 0.75% of the stock. (NASDAQ: MDLZ ) shares were sold by Weber Hubert. The company reported the earnings of $0.57/Share in the last quarter where the estimated EPS by analysts was $0.56/share.

    Myths about learning English

    For example, you can fulfill the exercise online and it’s better than to write it and it shows your mistakes automatically. And again- the motivation is the key! The myth#3: the residence in another country guarantees you the language learning.
  • Hulu picks up Reese Witherspoon, Kerry Washington's Little Fires Everywhere

    Hulu picks up Reese Witherspoon, Kerry Washington's Little Fires Everywhere

    The book also deals with the relation of art in a person's journey to finding the identity and the danger of conforming to rules. This is exactly the type of compelling and culturally relevant content that embodies our Hulu Originals brand", he said .
    Flash flood watch canceled for Central Coast, evacuation orders lifted

    Flash flood watch canceled for Central Coast, evacuation orders lifted

    Residents in that zone aren't under orders to leave, but are at risk for flooding or being cut off from services. Communities affected are near the Thomas, Whittier, Sherpa and Alamo fire burn areas.
    How to Get the Best Tan from a Tanning Bed

    How to Get the Best Tan from a Tanning Bed

    After your first two or three sessions, you can feel free to increase your exposure time and even the power of the tanning bed. You may be tempted to play some free slot machines with free spins but leave this for after you complete your tanning session.
  • Heather Locklear charged with battery of first responders

    Heather Locklear charged with battery of first responders

    Police learned during their investigation that Locklear purchased a gun in 1985 and registered it under her name. Locklear, who is now in rehab following her arrest, is set to be arraigned on Tuesday in Ventura.
    Varun Dhawan impresses in first

    Varun Dhawan impresses in first "October" trailer

    Produced by Ronnie Lahiri and Sheel Kumar under Rising Sun Films productions, the film is scheduled for release on 13 April 2018. Bollywood actor Varun Dhawan says his upcoming film " October " came as a much-needed opportunity in his film career.
    OH  babysitter accused of beating 3-year-old girl to near death

    OH babysitter accused of beating 3-year-old girl to near death

    Jason Wesche says his 3-year-old daughter, Hannah, was fine before he dropped her off at her babysitter's home Thursday morning. Hannah Wesche aunt: 'In order to do something like this to an innocent, fragile child, you would have to be a monster' .
  • QB Case Keenum intends to sign with Broncos, sources say

    QB Case Keenum intends to sign with Broncos, sources say

    Louis, or the player we saw a year ago in Minnesota? Keenum was 11-3 as a starter last season for the 13-3 Vikings. Which version of Case Keenum are the Denver Broncos going to get - the player who we saw in Houston and St.
    'Buffy' revival a possibility, but only with creator Joss Whedon

    'Buffy' revival a possibility, but only with creator Joss Whedon

    There are several Buffy the Vampire Slayer podcasts like "Buffering" or " Buffy Talk". Joss Whedon is one of the greatest creators we've ever worked for.
    ¥530 Million Loss Causes Japan to Reconsider its Approach to Cryptocurrencies

    ¥530 Million Loss Causes Japan to Reconsider its Approach to Cryptocurrencies

    Other Cryptocurrency Heists Perhaps the most concerning aspect of the Coincheck incident is that it is not the first of its kind. At the recent World Economic Forum in Davos, Switzerland, many leaders reiterated warnings in the dangers of cryptocurrencies.