Category: Brexit

Banks and investment companies are leaving the City

Morgan Stanley will transfer $ 100 billion in assets from the United Kingdom to Frankfurt. Large international banks and stockbrokers are flocking to the exit door from the UK ahead of Brexit to bolster their presence in the European Union as the City loses its title as the region’s financial hub. Frankfurt seems to be the big winner of this...

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What does an EU-UK divorce cost without a trade agreement?

The time of truth is approaching. By Sunday, the EU and Britain must have found a solution to controversial points in the trade agreement. Otherwise the cost, especially on the London side, will be huge. Predictions, such as witness and word, usually give a very vague picture of what is going to happen. However, in the event of a final...

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They are preparing for a disorderly Brexit in Brussels

The Commission announced yesterday a plan of urgent measures to deal with the problems that will arise from a naughty Brexit, without a trade agreement between the United Kingdom and the European Union. The uneasy situation on both sides intensified on Wednesday night, when British Prime Minister Boris Johnson and the head of the European Commission Ursula von der Leyen...

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Commission: Emergency package if Brexit talks fail

Arrangements for road and air transport, and fishing are proposed An alternative draft measure in the event of the failure of the Brexit talks was presented by the European Commission on Thursday, as the Brussels talks with London still have significant obstacles to overcome. The measures are intended to ensure for six months the basic reciprocal air and road connectivity...

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Brexit: Remains gap, another milestone set on Sunday

There is still a gap between Brussels and London in the post-Brexit talks on trade relations between the two sides, as revealed at the dinner of the President of the Commission, Ursula von der Lain, with the Prime Minister of the United Kingdom, Boris Jason , late Wednesday night in Brussels. The head of the European Commission noted that the...

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