On Wednesday, Klaas Knot, governor of Netherland’s central bank, who also sits on the European Central Bank’s Governing Council stated, in the event of a hard Brexit in 2020, the damage to the economy would be as great had Britain… Read More ›
EU
Brexit bill to be tabled before parliament on Friday
Laws pertaining to Brexit are scheduled to be tabled in parliament on Friday, said Prime Minster Boris Johnson’s spokesman. The bill aims to formalize the terms of the agreement that was negotiated by Johnson and the EU into law. The… Read More ›
Trade deal with UK to be a priority post-Brexit: Michel Barnier
Michel Barnier, the European Union’s Brexit negotiator, has told EU lawmakers that he will make Britain’s new trade deal with the EU a priority after Brexit, said a report from the Financial Times citing sources briefed on a closed-door meeting…. Read More ›
Boris Johnson rejects call for no-deal Brexit in election rally
Johnson’s election gamble and his no-deal Brexit stance is likely to split the pro-Brexit vote in some seats. In a development that potentially splits the euroskeptic vote in Britain, following British Prime Minister Boris Johnson’s rejection of calls to drop… Read More ›
France proposes Thierry Breton for European Commissioner
Macron is keen to preserve the portfolio he had negotiated with incoming European Commission President Ursula Von der Leyen and has sought assurances that the new candidate would be approved. On Thursday, two weeks after President Emmanuel Macron’s first choice… Read More ›
The United Kingdom’s economic fate hangs in the balance as British parliament faces 2 crucial votes
Boris Johnson, who has been the face of the 2016 referendum campaign, now faces an unenviable position of keeping his “do of die” pledge and ensuring Brexit in just 9 days. Defeat in either of the two votes places him… Read More ›
Boris Johnson’s Brexit deal faces stormy clouds in parliament
For Johnson, passing the deal is a do-or-die situation: he has banked on the phrase repeatedly, saying he will get the deal through by October 31, no matter what. On Saturday, British Prime Minister Boris Johnson’s last-minute plan to secure… Read More ›
Britain clinches Brexit agreement
The keys to the deal lies with the DUP, which provides critical support to Johnson’s government. On Thursday, in a historic development, at the very last minute, Britain has managed to clinch a Brexit deal with the EU. However, British… Read More ›
Bulgaria readu to double subsidies for Volkswagen’s new auto plant : Bulgarian Automotive Cluster
Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›
EU eyeing emergency summit for Brexit deal: BBC
It is to be seen whether this new emergency summit can lead to a breakthrough. British Prime Minister Boris Johnson’s complicated plan of placing Northern Ireland in a dual customs zone with the UK and EU will require major updates… Read More ›
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