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Brexit the economy and house prices part 6
Comments
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The ECJ has just ruled that Brexit can be unilaterally withdrawn or paused by the UK at any point for any length of time.
This is a body blow to Brexiteers hopes of seeing a withdrawal from the EU next year. Firstly because it's a stupid idea and virtually impossible, secondly because we can now kick it into the long grass until a government that has a mandate and isn't run by Theresa May comes along.0 -
More like Parliament in chaos as MPs unable or unwilling to deliver on the 2016 referendum. They are an affront to democracy and should hang their collective heads in shame and make a public apology to the nation.0
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So the EU is getting cold feet about the UK leaving
I don't know where you get your news from, but the EU has always said that it didn't want the UK to leave, that the door would be open for the UK to return, and that it hoped the country might change it's mind.
You're making the mistake of assuming that foreigners see you in the same way that you see them. Which is a common feature of right wing thinking on foreign affairs.0 -
In the news recently.Switzerland faces the threat of financial sanctions from the EU after failing on Friday to endorse a deal aligning the small Alpine nation more closely with the bloc.
In a decision which could have ramifications for the UK post-Brexit, the seven-strong Swiss federal council, or cabinet, declined to formally agree a proposed new “institutional framework” governing EU trading relations with Switzerland, a non-EU member.
Instead, Bern announced it would launch a “consultation” across Switzerland lasting until next spring.
The decision amounts to a snub to the EU, which since the UK Brexit vote in 2016 has sought to redraw its relations with “third countries”.
It opens the way for retaliation by Brussels, which had previously warned that a first step would be the withdrawal of “equivalence” status for the Swiss stock exchange — meaning EU banks and brokers will not long be able to trade there.
The political weaponising of what should be a technical decision about equivalence sets a potentially worrying precedent for the UK’s financial sector, which is likely to face a similar regime post-Brexit.
Wouldn't have gone unnoticed in Westminster.0 -
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How do you come to that conclusion? The ECJ has confirmed what we've been telling you for years, the EU hasn't changed it's stance at all. It's never wanted us to leave but it's not going to break the rules for us.
But you are saying the EU hasn't changed it's stance?0 -
Thrugelmir wrote: »In the news recently.
Wouldn't have gone unnoticed in Westminster.
In effect, the EU are trying to force Switzerland to bend the knee to them and the Swiss won't have it. If Brussels is stupid enough to try to sanction the Swiss, the Swiss can make life uncomfortable for EU banks using their facilities by charging for overnight deposits. The EU pulling access to the Swiss bourse would cost the likes of EDF dearly as they would lose tax advantages. Ending free movement would have serious ramifications for French, Italian and Austrian nationals working in Switzerland especially as these workers are from some of the poorest regions of France and Austria.
But I can well believe that the EU can convince itself that the Swiss can be bullied. Other nations friendly to the Swiss will not be happy.0 -
"The ECJ has just ruled that Brexit can be unilaterally withdrawn or paused by the UK at any point for any length of time."
But you are saying the EU hasn't changed it's stance?
The ECJ and the EU aren't the same thing. Any more than the UK Supreme Court isn't the UK Government.0 -
Barclay is now refusing to deny that the Government might appeal the ECJ's ruling in the Scottish courts. Wow.0
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