MENU
Brexit

EU threatens to BLOCK Brexit deal unless UK accepts free movement AND pays into budget

BRUSSELS will force Britain to continue to pay into its budget and accept free movement for several years as part of any transitional Brexit deal – or face the EU blocking a Brexit deal altogether.

Senior EU officials gave the ultimatum as they warned a presumed bridging agreement to soften the blow to both the British and EU economies is no longer “inevitable”.Brussels has been secretly working on the basis a transitional deal with Britain was inevitable, believing it will be impossible to conclude the complex process of Brexit in the two years afforded by Article 50.One senior German official said Britain should ask to stay in the European Economic Area (EEA) for some years, which would require it to accept free movement from EU countries and pay into the EU budget in return for continuing free trade.

Theresa MayPA

Theresa May has been warned Britain will face a high price for an EU transitional deal


He said: “The risk is that the two years run out with no agreement.”And Downing Street has significantly softened its stance towards striking a transitional deal with the EU, which would maintain close business ties for a temporary period until a permanent trade deal could be struck.But bitter European leaders are so incensed by Brexit they could even look to block an agreement between London and Brussels altogether despite pleas from prominent business figures on the continent.

Boris Johnson is at a meeting of EU foreign ministers todayAFP

Boris Johnson is at a meeting of EU foreign ministers today


Michel BarnierREUTERS

Brexit negotiator Michel Barnier has said a transitional deal is not inevitable


Speaking about the possibility of a transitional deal, one EU official said: “The technicians of course say it’s obvious. But frankly, politically it’s not at all.“Do the Brits really want it? On the kind of terms we can offer? There’s a real danger they will just fall off the cliff.”Theresa May has said she will trigger formal divorce talks by the end of March at the latest, meaning the UK is set to leave the EU club in Spring 2019.

The PM is due to give a major speech on her Brexit plans tomorrow, with speculation mounting that she will hint the UK is prepared to quit the single market to regain control of its borders.

Businesses will be listening particularly keenly for any suggestion that the Government is set to seek a bridging agreement with Brussels to quell market nerves which have seen the pound once again nosedive.

There’s a real danger they will just fall off the cliff

EU official

However, senior eurocrats are now indicating they will drive a hard bargain with Britain over the terms of any transitional deal, which will include accepting continued free movement and bumper budget payments.Another top EU official dismissed Bank of England chief Mark Carney’s prediction last week that Europe has more to lose from Brexit than Britain, saying it will be up to the UK to put an offer on the table.They said: “Economically, the EU has much less incentive than Britain to arrange a transitional deal.

“Politically the logic of the talks will be to keep the Brits as close as possible even after the divorce.”

However, the official suggested Mrs May could struggle to sell a transitional deal which is effectively the same as EU membership to Tory eurosceptics and the public, with an election in 2020 looming.

They said: “Maybe it is not as different from membership as some would want. But it is a step, and the direction for the next is clear too … May will remain hostage to the Brexit hardliners, but she will also have to deliver something.”

Jean-Claude Juncker’s hand-picked Brexit negotiator, the Frenchman Michel Barnier, has previously said that a transitional deal will only be arranged if it is in the EU’s interests and if there is an obvious way forward to a more permanent trade relationship.And the lead negotiator for one of the other 27 member states indicated that due to time constraints any pact will need to be “simple” – heightening the likelihood that it will be a simple extension of the current terms of membership.

They said: “The divorce terms will be so difficult to negotiate that I think that it will be impossible to have a negotiation on the transitional arrangement.

“The timeframe is going to be really short.”

http://www.express.co.uk/news/politics/754794/Brexit-news-Britain-accept-free-movement-budget-payments-EU-transitional-deal

Leave a Reply

2 Comments on "EU threatens to BLOCK Brexit deal unless UK accepts free movement AND pays into budget"

Help put the World to rights and leave a Comment

C A Dark
Guest

Transitional deals are just weasel for staying in EU membership, with all the attachments…”we’ve left but really we’re still in”. If that happens then look out.

Jane Davies
Guest

Who do these people in Brussels think they are? The UK can just walk away, we were taken into this corrupt organisation illegally by Heaths lies we can just leave….and it can be done now. Then see the how the bureaucrats grovel.

MENU
Powered by: Wordpress
%d bloggers like this: