Bulgarian Prime Minister Boyko Borissov took the liberty to comment on Brexit on the sidelines of the EU summit on Thursday (14 December), using language that obviously diverges from the common line adopted by the EU27.
Britain’s banks could cope with a “disorderly” Brexit without needing to curb lending or be bailed out by taxpayers, the Bank of England said today (28 November) after carrying out its annual health check on lenders.
Bulgarian Prime Minister Boyko Borissov told reporters on Friday (24 November) his personal feeling was that things were moving in the direction of a hard Brexit. He spoke at the Eastern Partnership summit in Brussels, barely a month before his country is due to take over the rotating Presidency of the Council of the EU.
Britain can only come up with a figure for a financial settlement with the European Union when Brexit has been agreed, trade minister Liam Fox said yesterday (22 October), warning leaders not to believe London is bluffing over a no deal.
It is entirely possible that Britain will leave the European Union without a transition agreement, and companies need to do more to prepare for an abrupt departure, Irish Central Bank Deputy Governor Ed Sibley said yesterday (17 October).
Britain on Monday (9 October) outlined proposals for new laws to set tariffs and quotas including if Britain leaves the European Union with no agreement in place, as it prepares for a post-Brexit customs system.
Brexit minister David Davis said on Wednesday (9 August) that the EU proposed that Britons living in the bloc after Brexit will only have the right to stay in the country where they are resident when Britain leaves.
The UK is prepared to pay up to €40 billion as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain's negotiating strategy.
The UK will retain all the rights and obligations of an EU member state until it leaves the Union and this includes national experts who work in the European Commission, a spokesperson from her majesty's government told EURACTIV.com.
EXCLUSIVE / The complexity of the Brexit negotiations means extending the talks by one year should not be excluded, according to the spokesperson of the European People's Party (EPP), the leading power broker in the EU institutions.
Business leaders should respect the UK's decision to leave the EU, but can help to mitigate the economic damage by bringing reason to an otherwise purely political process, Steffen Kampeter told EURACTIV.com ahead of the launch of the Brexit Exchange forum.
The upcoming UK elections are unlikely to deliver enough certainty about what life will look like post-Brexit, said the former MEP and ALDE leader in an interview with EURACTIV.com, adding that no winners will emerge from the process.