Brexit

    • UK can cancel Brexit decision, EU court rules

      UK can cancel Brexit decision, EU court rules

      The UK has the power to reverse Brexit, without the permission of the other 27 EU members, the EU's highest court has ruled on Monday. According to the decision of European Court of Justice, the so-called Article 50 - the legal mechanism which kickstarted Brexit - allows the unilateral revocation of the UK's intention to withdraw from the EU.

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    • Brexit lawmakers committee slams May's deal

      Brexit lawmakers committee slams May's deal

      British PM Theresa May’s Brexit deal was condemned as “a huge step into the unknown” by a committee of lawmakers responsible for scrutinizing it, news wires reported. It is the latest blow to her efforts to win parliamentary approval for the deal. Current forecasts suggest she will lose the vote in parliament on Tuesday.

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    • May struggles to save her Brexit deal

      May struggles to save her Brexit deal

      British parliament started last week crucial debates on PM Theresa May's proposed Brexit deal with the EU before voting on it next Tuesday. For May, reaching a compromise to avoid a crushing failure is a matter of political survival. The UK premier has been defeated in three key votes in parliament as she battles to get her Brexit deal through, news wires reported later on Thursday.

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    • Donald Trump warns Brexit deal will harm UK-US trade

      Donald Trump warns Brexit deal will harm UK-US trade

      President Donald Trump has warned on Monday that Britain “may not be able to trade with the US” because of Theresa May’s Brexit deal in comments that could torpedo her hopes of winning Parliament’s backing. Yet, he stressed that the agreement May reached with Brussels on Sunday “sounds like a great deal for the EU.”

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    • Trade supports 36m jobs across the EU

      Trade supports 36m jobs across the EU

      Two new studies published on Tuesday by the European Commission highlight the increasing importance of EU exports for job opportunities in Europe and beyond by stating that exports to the world nowadays support 36m jobs across Europe - around two thirds more than in 2000. In addition, these jobs are on average 12% better paid than jobs in the rest of the economy and generate €2.3 trillion of value added in the bloc.

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    • Leaders called the agreement with London the best possible

      Leaders called the agreement with London the best possible

      At their special summit on Sunday morning in Brussels the leaders of the EU 27 sealed the withdrawal agreement of London from the EU and the European Atomic Energy Community, and also signed a Political Declaration that sets the direction of the future relations between the two sides. After doing this they held a short meeting with British Prime Minister Theresa May. It is expected the divorce deal to guarantee a smooth departure of the UK on 30 March 2019. 

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    • Spain, UK reach agreement over Gibraltar

      Spain, UK reach agreement over Gibraltar

      The European Union removed the last major obstacle to sealing an agreement on Brexit after Spain announced it had reached a deal Saturday with Britain over Gibraltar on the eve of an EU summit. The accord over the British territory will give Spain a say in the future of the disputed British territory of Gibraltar and now paves the way for approval by 27 EU governments at a summit Sunday on the withdrawal terms of the UK from the bloc next year.

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    • EU, Britain agree on post-Brexit ties

      EU, Britain agree on post-Brexit ties

      The EU and the UK agreed in principle to a text setting out their future relationship after Britain leaves the Union next March, news wires reported. The text, however, still needs to be endorsed by EU leaders at a summit on 25 November, Council President Donald Tusk said last Thursday. The text was discussed and agreed last Wednesday by British PM Theresa May and Commission President Jean-Claude Juncker in Brussels.

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