Credit: European Commission President Jean-Claude Juncker speaking to German media. Reuters reporting 17 Sept 2016
- it would be in the best interests of all parties if UK launched formal exit of EU "as soon as possible"
- EU will not allow itself to be held back or paralysed if UK does not trigger Article 50 soon
"I will not meddle in Britain's domestic politics. "But it would be in the best interest of all parties if the divorce letter is submitted as soon as possible to not unnecessarily prolong the phase of uncertainty."
Seems they're still very desperate for it to happen as fears of contagion grow.
Yesterday Adam reported that EC president Tusk said he'd heard in talks with PM May that that the UK could be ready to begin talks by Feb 2017.
"Prime Minister May was very open and honest with me.
She declared that it's almost impossible to trigger Article 50 this year but it's quite likely that they will be ready maybe in January maybe in February next year."
The Beeb has more on the story here.
Quotes such as "Quite likely " only add to the conjecture and the pound's demise aided by other stories from those supposedly " close to the scene" such as this one about alleged views from UK fin min Hammond.
Keep selling those GBP rallies. You know it makes sense eh?
Time for me to head out and watch the mighty Shrimpers . Have a great week-end one and all and thanks again for your brilliant support.
May tells Tusk it's "quite likely" she might trigger Article 50 early next year. We'll see.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
