- EU's chief Brexit negotiator Barnier: We need clear signal that UK is ready to work on agreement that respects political declaration in spirit and letter
Market news
24 June 2020
EU's chief Brexit negotiator Barnier: We need clear signal that UK is ready to work on agreement that respects political declaration in spirit and letter
- UK refuses to commit to level playing field but at the same time requests special status of being very close to EU single market on financial services
- UK also wants to keep benefits of single electricity market without any obligations
- Doesn't think UK talks would have made much more progress by now "even without coronavirus crisis"
- We will do everything in our power to reach agreement
- We will never sacrifice EU's long-term economic and political interest for sole benefit of UK
- We will not put into question our union, single market and capacity to set our own rules
- Deal with UK is still possible
- UK keeps on backtracking from commitments in political declaration
- In the last round, we made a number of openings in key areas but UK showed no willingness to engage
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