Saturday, 22 September, 2018


United Kingdom will 'regret' leaving European Union after Brexit, warns Jean-Claude Juncker

European Council President Donald Tusk says both sides will suffer economically after Brexit More European Council President Donald Tusk says both sides will suffer economically after Brexit More
Bennie Garza | 13 March, 2018, 23:43

Britain is due to leave the European Union next year after voting in favour of ending more than four decades of political, economic and legal ties with the world's largest trading bloc.

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

Meanwhile, former UKIP leader Nigel Farage argued that Mrs May should channel US President Donald Trump when she meets European Union leaders next week.

"I would rather have preferred Britain not to have made a decision to leave the European Union, but anyone who leaves the European Union has to know, frankly, what this means", he said.

"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", Juncker added.

Britain and the EU are now trying to hammer out a post-Brexit trade deal, but London's insistence that it leave the customs union with the EU and its internal market.

"Both sides are very anxious, as indeed Ireland are, to try to get clarity around transition", said Mr Coveney, the Government minister leading the Irish team in Brexit negotiations.

He called for further British proposals on how to avoid a hard border in Northern Ireland, which he calls a "European issue" not just an "Irish issue".

When one MEP shouted "it is a British issue", Mr Juncker shot back: 'It is all for one and one for all, that is what it means to be part of this union'.

European Union chief Jean-Claude Juncker warned that Britain will "regret" Brexit today as he drew battle lines for trade negotiations.

Mr Barnier added that it was a "rather surprising idea" to think the European Union could accept convergence in some areas "and at the same time open up the possibility for divergence when there is a comparative advantage to be had" for the UK.

Mr Verhofstadt said it was time to move beyond "slogans" and "soundbites".

In the European Union, the hardest hit sector would be the automotive sector, agriculture and food and drinks, chemicals and plastics, consumer goods and industrials, the report said.

"The UK is choosing to leave the union, the single market and the customs union, we have noted that".

He has put forward a motion to the European Parliament for an "association agreement" to deal with the future UK-EU relationship.

The biggest risk to Britain's post-Brexit economy is a disruption to trade in services, Maltese Prime Minister Joseph Muscat said on Monday, but he thought London and Brussels would reach agreement on the issue.

He urged Mrs May to abandon plans for a transition period post Brexit, saying the United Kingdom voted "to leave this organisation", the customs union and single market.

"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".

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