UK Election Jolts Europe as Brexit Timing Becomes Less Certain

Britain's Labour party leader Jeremy Corbyn smiles after arriving for the declaration at his constituency in London, Friday, June 9, 2017. The EU's chief Brexit negotiator, Michel Barnier, said the talks should begin when the ready.

"We are ready for the negotiations". Now that it made a decision to jump ship, it seems it can't get its act together to actually leave. "What's happened is, people have said they've had quite enough of austerity politics, they've had quite enough of cuts in public expenditure, under-funding our health service, under-funding our schools, our education service, and not giving our young people the chance they deserve in our society".

"The question is now whether a coalition government will make Britain a more constructive negotiating partner, perhaps moving away from the "hard Brexit" posturing of the past months, which does not seem to be the case", said Joris Larik, senior researcher at The Hague Institute for Global Justice.

Having called the snap election in order to obtain a greater mandate to push through a tougher deal with the European Union on departing the bloc, May now faces the prospect of having a majority of just a single seat in the new parliament as a result of a deal struck with Northern Ireland's Democratic Unionist Party.

She said: "No one wants to see a "hard" Brexit, what we want to see is a workable plan to leave the European Union, and that's what the national vote was about - therefore we need to get on with that".

Merkel said Friday she was ready for the upcoming talks with the United Kingdom on the European Union exit and expected London to stick to the agreed schedule. Mayhem in the United Kingdom: A shock general election result has sown confusion over the Brexit process and put a squeeze on the British pound.

Morawiecki, who is also Poland's finance minister, said: "It's hard to say I'm happy - because it's not for us to judge the results of the elections in this way". "We should clearly come to terms with the British to start as quickly as possible".

In the wake of last year's Brexit referendum, called and lost by Prime Minister David Cameron, Britain's Conservative party took a long time to reorganize itself before it finally triggered the Brexit negotiations on March 29.

Then in April, Cameron's successor, May, called an early election that again stalled talks with Brussels. They're hardly going to make any major concessions, and she's going to have to go back to her Parliament with her divided party and try and get some obvious compromises through.

"The prime minister has spoken with me this morning", Foster said. The EU wanted those to begin on June 19, but they could be delayed if an inconclusive election leads to political turmoil. It appears clear that, whatever their private fury with Ms May for putting Brexit in peril, the Brexiteers believe the only way to save the exit timetable is to shore her up.

German foreign minister Sigmar Gabriel said he hoped the election result would be seen as a message that the British people do not want a hard Brexit.

It will also complicate Brexit negotiations with the European Union, which Britain has slightly less than two years to complete and were already going to be very tortuous. At a time of vexing external threats, particularly terrorism, Britain now had to deal with a thoroughly self-inflicted headache.

"In our view, the lack of a majority for any party is likely to delay Brexit negotiations, scheduled to start very soon", S&P Global said in an emailed statement.

  • Zachary Reyes