BrExit?

[apostata]

Labour MP claims it's 'highly probable' Russia interfered with Brexit referendum

"Not only their interference, now proven, in the American presidential campaign, [but] probably in our referendum last year. We don’t have the evidence for that yet. But I think it’s highly probable."

 

http://www.independent.co.uk/news/uk/politics/russian-interference-brexit-highly-probable-referendum-hacking-putin-a7472706.html

[Tribun_Populi]

All hail Putin The Magnificent!

 

via CZ-M53 TT

[hazard]

All hail Putin The Magnificent!

 

via CZ-M53 TT

 

[Prospero]

[Prospero]

The EU is preparing rule changes that could deprive London of one of its flagship financial businesses by enabling territorial restrictions on the clearing of some euro-denominated transactions even before Britain leaves the bloc.

 

While the precise form of intervention is undecided, the European Commission is considering backing legal changes to give the European Central Bank a remit over the location of key market infrastructure.

 

...

 

French officials are pushing for restrictions on clearing to be included in legislative proposals scheduled for this spring — shortly after Britain says it will initiate the formal Article 50 exit process. In any case, other eurozone and EU officials say a move to restrict euro-clearing outside the eurozone is likely before Britain’s expected withdrawal from the EU in 2019.

 

...

 

In a four-year legal battle, Britain fought off an ECB policy that would have required clearing houses with significant euro-denominated business to be based in the euro area. But a court victory turned on a narrow technicality over the ECB’s regulatory mandate rather than Britain’s main objections to what it said was an unfairly discriminatory policy.

 

A French central bank official urged the commission last week to address the issue in light of Brexit through an update to EU rules on derivatives trading and clearinghouses set to be published by April. Theresa May, Britain’s prime minister, has promised to trigger the UK’s exit from the EU by the end of March.

 

As yet there has been no change of policy within the commission. But officials have told industry that the Article 50 process would prompt a rethink. One senior policymaker said the effect of Britain’s court victory would be “reversed”, adding that the location policy “is going to happen now”, through legislation.

 

...

 

 

https://www.ft.com/content/3df67872-c141-11e6-9bca-2b93a6856354

 

[jms_uk]

'shafted ' comes to mind ...

 

 

Sent from my iPhone using Tapatalk

[Marvin (Paranoid Android)]

 

Joj.

[Prospero]

bar ima dobru kajlu

[bigvlada]

Theresa May rejects £50bn EU 'divorce settlement' figure

 

https://www.theguardian.com/politics/2016/dec/16/theresa-may-rejects-50bn-eu-divorce-settlement-figure

 

Odričemo se sami sebe i dugove ne priznajemo. 

[hazard]

finally some sanity

 

 

No 10 also confirmed on Friday that May had sought an assurance from fellow leaders that the rights of UK citizens living in the EU and those of EU citizens living in the UK would be resolved early on in Brexit discussions. The prime minister told her EU counterparts that the topic should be a priority in negotiations, with Britain ready to guarantee the rights of EU citizens in the UK as soon as British citizens in other EU countries were protected in the same way.

 

The shadow Brexit secretary, Keir Starmer, has called for May to make a unilateral commitment that she would protect the rights of EU citizens already living in the EU, as a goodwill gesture to kick off the article 50 talks in a positive spirit.

[Prospero]

Europe’s three-stage Brexit divorce plan
Withdrawal, transition and then a ‘new relationship.’

By Tom McTague
 

 
European officials are working on a three-step model to smooth Britain’s exit from the European Union, including arrangements for a time-limited transition deal.
 
The EU’s chief Brexit negotiator Michel Barnier has won broad agreement from the other 27 countries, plus MEPs, for his three-phase divorce plan, according to senior diplomats and officials. It would consist of withdrawal, transition and then a “new relationship.”
 
The transition phase would be subject to a number of “sunset clauses” to ensure that Britain doesn’t retain the benefits of membership indefinitely, while the shape of the new relationship would be sketched out by Theresa May in her Article 50 divorce letter due by the end of March.

In a speech to EU leaders over lunch at a summit in Brussels on Thursday, the outgoing president of the European Parliament, Martin Schulz, voiced his support: “The three-phase model that the Commission has chosen to base its work on is indeed the right one.”
 
This format would provide clarity and allow “a rapid conclusion of the withdrawal agreement,” he said. In a boost for U.K. ministers pushing for a transition deal — including Philip Hammond, the chancellor of the exchequer — Schulz told EU leaders the three-stage exit would permit “an orderly, and gradual move towards the new relationship.”

“There are too many lives on the line for an erratic, quick and total separation,” said Schulz, who later told reporters: “This is an emotional affair but we should not be led by emotions.”
 
When asked by POLITICO about his comments, Schulz said they should not be translated as implicit support for a transitional deal, and stuck to his habitual line that there would be “no pre-negotiation before notification [via Article 50].”


The bill for Brexit

Diplomats and officials said there was little concern in Brussels at the prospect of a transition period. They cited U.K. Brexit Secretary David Davis’ softer stance on a transition deal — which he was previously believed to oppose — and his refusal to rule out Britain continuing payments into the EU’s budget in return for access to the single market.

However, major stumbling blocks remain in the way of any transition deal, including the “Brexit bill” to cover the U.K.’s potential future contributions to the EU budget for any market access it might secure in the negotiations, and its adherence to EU law until full separation.

One senior EU diplomat, speaking on condition of anonymity, slammed London’s failure to prepare for a long and messy divorce, saying Britain does not have “even the beginning of an understanding of the price, in political terms, to be paid for this thing [the transition].” “What is the transition? Is it the status quo? In 2019, the British prime minister will be able to say the U.K. is out of the European Union, but there will be no change for five years. Is that a tenable position?” asked the diplomat.

The financial demands from Brussels will inevitably cause aggravation, said the diplomat, who represents a traditional U.K. ally: “Just wait until a bill of £60 billion drops into the Treasury.”

However, there is also an acceptance that the impending departure of the U.K. — a major net contributor to the EU budget — is already causing problems for Brussels.

According to the senior diplomat, European Commission President Jean-Claude Juncker’s powerful chief of staff Martin Selmayr is pushing for talks on how to fill the hole left in the EU budget by Britain’s departure to begin before May triggers Article 50.

Selmayr faces resistance, however, from commissioners who argue that it’s pointless to ready financial measures before knowing how much Britain is prepared to continue paying the EU.

The internal row helps to explain why U.K. ministers, including Davis, refuse so far to rule out continuing to pay into the EU budget even though it was a major issue in the referendum.

The prospect of an interim deal intensified on Thursday after it emerged that Britain’s top diplomat in Brussels, Ivan Rogers, had privately told the government that the EU consensus was that a deal might take 10 years to finalize — and could still fail.

According to the BBC, Rogers warned ministers that the view among the EU 27 was that a free trade agreement with the U.K. would not be ready until the mid 2020s.

Former cabinet secretary Gus O’Donnell — the most senior civil servant under Tony Blair — told the BBC that negotiating a final deal would take “at least five years.”

“We certainly won’t have come to any final arrangements in two years’ time,” he told BBC Radio 4’s The Westminster Hour. “We might well get to a point where we can symbolically leave but all sorts of details will still remain to be sorted out.”

Barnier, the EU negotiator, has refused to rule out a transition deal, and pointedly warned that he had no idea if it was possible without knowing what Britain wanted from a final deal.

“As long as we don’t know what […] the U.K. is ready to ask and accept for this new partnership, it is difficult to talk about a period of transition,” Barnier said earlier this month. “The transitional period […] has a meaning only if it makes the path easier to prepare the way for a future relation. We need to know the dimensions, the content of this new relationship, in order to imagine how to prepare it.”

[hazard]

[MancMellow]

Koga zanima

 

 

19 December 2016

Parliament's new cross-party Committee on Exiting the European Union visits Aberdeen to hold its second public evidence hearing away from Westminster – and its first in Scotland. The first panel of the oral evidence session looks at the opportunities and risks for Scotland as a result of Brexit. The second panel looks more closely at the Aberdeen economy, with a particular focus on the fishing and renewables sectors.

 

Witnesses

Monday 19 December 2016, Linklater Rooms, University of Aberdeen

Brexit and Scotland – looking in broad terms at opportunities and risks for Scotland and its economy

At 10.00am

• Professor Michael Keating, Chair in Scottish politics, University of Aberdeen
• Deirdre Michie, Chief Executive, Oil and Gas UK
• Suzanne Burr, Thorpe Molloy recruitment – specialist in freedom of movement issues
• Andrew Walker, Managing Partner, Johnston Carmichael

The North East Scotland economy

At 11.00am

• Andrew Scott, Scotrenewables
• Bertie Armstrong, Chief Executive, Scottish Fisherman's Federation
• Michael Bates, Scottish Seafood Association

Purpose of the visit

The session forms part of the Committee's inquiry into the UK's negotiating objectives for withdrawal from the EU. MPs also meet throughout the day with councillors, business and organisations to hear views from Aberdeen on the inquiry's terms of reference.

 

https://www.parliament.uk/business/committees/committees-a-z/commons-select/exiting-the-european-union-committee/news-parliament-2015/negotiating-objectives-for-eu-withdrawal-aberdeen-evidence-16-17/

[Prospero]

 

Noz u ledja, ekekekeke

[bigvlada]

 

Leave the EU’s single market and customs union to boost UK by £450 million a week

 

https://www.changebritain.org/leave-eus-single-market-customs-union-boost-uk-450-million-week