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Invitation letter by President Donald Tusk to the members of the European Council (Art. 50) ahead of their special meeting on 10 April 2019

Last week I received a letter from Prime Minister May requesting a further extension of the Article 50 period, until 30 June 2019. In her letter the Prime Minister states that the UK government's policy remains to leave the EU in an orderly way, and that it is therefore now seeking a consensus across the House of Commons on the right way forward. She also adds that, if the UK were an EU member on 23 May 2019, it...

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Remarks of Commissioner Phil Hogan at Press Conference on Brexit Preparedness in the EU Agri-Food Sector

Brussels, 8 April 2019 Good morning. This morning, I want to give you some details of the contingency planning that we have been doing in relation to the potential impact of Brexit on the EU agri-food sector. You have been extensively briefed on the preparedness work undertaken by the Commission over the last eighteen months or so and I don't intend to repeat that ground. In addition to this press conference, you will also have an opportunity for a follow-up technical briefing. So...

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How to develop a “financial Eurosystem” post-Brexit

How to develop a “financial Eurosystem” post-Brexit | Eurofi High Level Seminar 2019 | Bucharest, 5 April 2019 Closing remarks by François Villeroy de Galhau, Governor of the Banque de France Ladies and Gentlemen, It is a pleasure to be in Bucharest today to conclude this Eurofi High Level Seminar. I am grateful to D. Wright and D. Cahen for offering me the opportunity to give this keynote speech... but perhaps less grateful about the theme they asked me to address: “Opportunities...

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Remarks by Commissioner Moscovici at the press conference on Customs aspects in case of ‘no-deal Brexit’

Brussels, 3 April 2019 | Translated using Google Translate. View the original post HERE I am here to talk to you about the scenario in which the UK would leave the EU without a withdrawal agreement, and our preparation for this eventuality for EU customs. Before getting to the heart of the matter, I would like to make several political reminders. First, the European Commission has never wanted Brexit. We said the day after the referendum in June 2016 that we regret...

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Statement by President Juncker on the United Kingdom’s withdrawal from the European Union at the European Parliament’s plenary session

Brussels, 3 April 2019 President Tajani, Honourable Members of this House, The developments in Westminster over the past days have convinced me of what I already knew. The best way forward is the ratification of the Withdrawal Agreement. It has already been agreed by the Government of the United Kingdom, endorsed by this House as well as by the European Council. In its decision 10 days ago, the European Council paved the way for an extension of the Article 50 negotiation period until...

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Towards a genuine capital markets union : article by F. Villeroy de Galhau et J. Weidmann

Virtually everything about Brexit is surrounded by uncertainty, but one thing has become clear – how costly it is going to be to leave the single market. Our common market is an out-and-out success. It has raised economic output, increased the choice of goods and services, and at the same time lowered prices for consumers. But we can make it work better. With respect to capital markets, we still forego the benefits of further integration. While geographical diversification is...

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Brexit preparedness in the area of Health and Food Safety

Speech by European Commission Vice-President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen,  4 April 2019 Ladies and Gentlemen, As you all know, we have repeatedly stated that the Commission regrets the decision of UK to leave the European Union. Following the latest developments, a no-deal scenario is highly likely. Let there be no doubt whatsoever: a “no-deal” scenario would be extremely costly and disruptive. The economic consequences would have a significant impact on the UK, and to a lesser extent the EU. The EU...

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Visa free travel after Brexit: Council and European Parliament reach agreement

The Council and the European Parliament have agreed that, following Brexit, UK citizens coming to the Schengen area for a short stay (90 days in any 180 days) should be granted visa free travel.This agreement was confirmed yesterday by EU ambassadors on behalf of the Council and by the European Parliament Civil Liberties, Justice and Home Affairs committee today. The text now needs to be formally adopted by the European Parliament and the Council. According to EU rules, visa exemption...

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The Euro Area : Staying the Course through Uncertainties

Banque de France Symposium & 34th SUERF Colloquium | On the occasion of the 20th anniversary of the euro | The Euro Area: Staying the Course through Uncertainties | 28 March 2019 Introductory remarks by François Villeroy de Galhau, Governor of the Banque de France Good afternoon everyone and welcome to Paris. This is not only the 34th SUERF Colloquium but also the 10th Banque de France International Symposium. It is also Marc-Olivier’s last symposium and I would like to warmly...

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Speech by Michel Barnier European Chief Negotiator for Brexit at the EPC Breakfast

Brussels, 1 April 2019 Good morning ladies and gentlemen, You have entitled this breakfast discussion “deal or no deal? The state of play of Brexit”. Let’s not forget that we already have an agreement! It was concluded by Theresa May and the European Council on 25 November last year, both on the terms of the withdrawal and on the framework for the future relationship. The EU put a lot of effort into concluding that agreement. We have been respectful of the UK’s choices. We tried to...

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