Germany 'prepared' to TAKE ON Britain as Article 50 invoked — BREXIT BEGINS
- Author: Leroy Wright Mar 30, 2017,
Mar 30, 2017, 8:58
She said Britain would now make its own decisions and its own laws and "take control of the things that matter most to us - we are going to take this opportunity to build a stronger, fairer Britain, a country that our children and grandchildren are proud to call home". European Council President Donald Tusk was in Brussels to receive it.
Under this, the European Union and Britain would broadly accept firms in each other's financial markets because their home regulatory systems apply similar standards.
The two sides also appear to disagree on how the talks will unfold.
May is under pressure from her Conservative Party and Britain's largely Euroskeptic press not to concede too much in exchange for a good trade deal with the EU.
Today the United Kingdom formally told the European Union it is leaving, after decades of membership in the 28-nation political alliance and trading bloc.
For Britons who voted 52 to 48 percent to leave the bloc in a referendum nine months ago, it was a time for celebration.
The government is publishing details Thursday of a Great Repeal Bill that would put existing European Union laws into British statute so that "the same rules will apply after exit day" as before.
Germany's Die Welt merely said: "Farewell".
Opposition Labour leader Jeremy Corbyn said his party respected the decision to leave the European Union and would hold the government to account "every step of the way".
"There is some acknowledgement of the particular situation on the island of Ireland and I am happy that that has been recognised by the British", said Gabriel D'Arcy, the chief executive of LacPatrick, the Monaghan-based dairy business that operates two factories in Northern Ireland. "It was a bad idea", said Elaine Morrison, an 18-year-old who was traveling to Barcelona with friends. "I like traveling to other countries And it will be a trouble now. And there will be red tape".
People in London's financial district, the City, were anxious about the uncertainty. "It's a gamble, it's a risk".
"In security terms a failure to reach agreement would mean our cooperation in the fight against crime and terrorism would be weakened", she wrote in the letter.
European Parliament Brexit coordinator Guy Verhofstadt responded diplomatically: "I can not, as a gentleman, even imagine that a lady as Mrs". They'll meet April 29 to finalize their platform.
May, in her six-page letter to Tusk, included the Ireland-Northern Ireland issue as one of seven principles that British negotiators want high on the agenda in Brexit talks.
But as with many divorces, negotiations could rapidly turn nasty over money. European Commission President Jean-Claude Juncker has put the figure at around 50 billion euros ($63 billion).
Britain acknowledges it will have to pay something, but is sure to quibble over the size of the tab.
The split is even more tumultuous for Britain.
But, May added: "We're a law-abiding nation". In her letter, May said "we should aim to strike an early agreement about their rights" - but for now they remain in limbo.
"There is nothing to win in this process - for both sides - and in essence this is about damage control", he said.
Verhofstadt said Britain should in the future develop an association agreement with the European Union and that the transition periods on certain aspects of the divorce should be three years.
They call that a government power grab. "Instead, the referendum was a vote to restore our national self-determination".
He said: "Nobody can rejoice about what happened today". "We as a country have got to rediscover the art of self-governance".
Casert reported from Brussels.