Merkel urges speedy Brexit talks after UK vote

Cheryl Sanders
June 10, 2017

Now, reaction in Europe is sheer exasperation: the Europeans are ready to bid the island nation farewell. "Timetable and European Union positions are clear".

EU Council President Donald Tusk told Britain in a Tweet: "Do your best to avoid a "no deal" as result of "no negotiations".

Tusk said the March 2019 deadline "leaves us with no time to lose".

Britain's typically pro-Conservative press savaged May and questioned whether she could remain in power only two months after officially triggering the country's divorce from the European bloc. When May triggered Article 50 in late March, Britain became the first nation ever to utilize the provision in the history of the EU.

"The UK general election result creates uncertainty over the policy platform, political cohesion and longevity of the next UK government", Fitch said in a statement.

The sentiment was shared particularly by European officials and leaders from a French background.

Brexit negotiator Guy Verhofstadt, who is president of the Alliance of Liberals & Democrats for Europe in the European Parliament, had caustic words for Mrs May.

"Industry should be at the table, alongside whatever administration is formed, to help ensure we have the right negotiating position, which is something that's been sadly lacking until now". "The push for a "hard Brexit" is weakened".

Current and former senior United Kingdom government officials who spoke to POLITICO for this article acknowledged that the issue of protecting citizens' rights is far more complicated than generally assumed and could yet be delayed or run into difficulty.

Theresa May repeatedly urged voters to hand her a large majority so that she could go into talks in Brussels with the firm backing of the country and the House of Commons behind her.

Mrs May said she was confident that the Tories would be able to work together with the Democratic Unionist Party in the "interests of the whole UK".

"I still think the odds are on we will have some sort of Brexit", David Stubbs, global market strategist at JPMorgan told CNBC on Friday over the phone.

A similar line emerged in Germany.

But the man who hopes to dethrone German Chancellor Angela Merkel in the coming September elections, SDP leader Martin Schulz, congratulated his British counterpart, Jeremy Corbyn, on the night's results.

Michel Barnier, the EU's point man on Brexit talks, said discussions on Britain's exit should only start when London was properly prepared.

The prospect of a hung Parliament would throw serious doubt over Brexit negotiations, due to begin in earnest in just 10 days. "It has an effect on tariff negotiations, on contract negotiations in business and in politics".

"This will allow us to come together as a country and channel our energies towards a successful Brexit deal that works for everyone in this country, securing a new partnership with the European Union which guarantees our long term prosperity". "With a weak negotiating partner, there's the danger than the negotiations will turn out badly". The start date for negotiations of June 19 or 20 was never set in stone by the EU.

If talks are delayed for long - and if British political turmoil continues - then the timetable for Brexit will slip while uncertainty could undermine economic confidence. If, in spite of a disastrous campaign, May secured a narrow victory, the Brexit negotiations would be overshadowed by a battle for dominance between the Brexit moderates and the hard Brexit "ultras".

Other reports by iNewsToday