kuro68k wrote: » The British government is going to take it right to the cliff edge and hope that someone else compromises. Of course they have their excuses already lined up if no-one does, only real question is who they will blame.
RobMc59 wrote: » That is potentially a banana skin for the brexit deal going through.If Spain use their veto and the UK dig their heels in where does that leave everything?The brexiteers will be rubbing their hands with glee..
GSRNBP wrote: » One of my clients is an Irish/UK private bank and they (and most others) have built £1:€1 into their hedging actually.
murphaph wrote: » Don't be surprised if this is as a result of language. The draft agreement is presumably in English so easy for the Irish DFA to interpret fairly unambiguously. Perhaps the Spanish responsible are not native English speakers (rather likely) were not as well placed to keep an eye on all the changes in the texts.
RobMc59 wrote: » Imreoir2 wrote: » An interesting point over language. Hopefully a clarification annex or something like that will be sufficient to satisify Spain. I think you are right, Ireland should show soladarity with Spain, had we been in their position over the backstop we would be looking for solidarity from other member states. I think it is appropriate for us to give what we would have been asking for in that situation. That is potentially a banana skin for the brexit deal going through.If Spain use their veto and the UK dig their heels in where does that leave everything?The brexiteers will be rubbing their hands with glee..
Imreoir2 wrote: » An interesting point over language. Hopefully a clarification annex or something like that will be sufficient to satisify Spain. I think you are right, Ireland should show soladarity with Spain, had we been in their position over the backstop we would be looking for solidarity from other member states. I think it is appropriate for us to give what we would have been asking for in that situation.
murphaph wrote: » Don't be surprised if this is as a result of language. The draft agreement is presumably in English so easy for the Irish DFA to interpret fairly unambiguously. Perhaps the Spanish responsible are not native English speakers (rather likely) were not as well placed to keep an eye on all the changes in the texts. As far as I'm concerned the Irish should show 100% solidarity with our fellow future EU partner, Spain. They made it clear from the beginning that Gibraltar would require their consent to partake in any future trade deals negotiated with the UK.
Imreoir2 wrote: » It would seem that the issue was raised from day one, but that the asurences Span saught were not included in the final text in unambigious form, it is surprising that the EU team would drop the ball like this by putting a member state in the position of having to threaten to veto a deal because of either an omisson or concesson to the UK. Time will tell how serious the problem is for Spain, but it is disapointing that the EU consensus seems to be undermined at the last hurdle.
poppers wrote: » I cannot understand How has gibaraltar only come on the agenda now. Ni has been the main stumbling block since day 1 .
oscarBravo wrote: » BBC :pac:
brickster69 wrote: » The EU have fell into the trap hook, line and sinker. The EU nations are now squabbling about fish and a rock in the Med. Meanwhile the City of London has been very quiet and seem quite happy to be totally out of the equation now. The world is watching and very nervous.
LeinsterDub wrote: » Channel 4 doing an excellent job of explaining some of the potential the HoC paths in the next month.
kowtow wrote: » the risk of hard brexit is already largely discounted
judeboy101 wrote: » It'll Push 90p to the €, the city have built it into the current price.
FreudianSlippers wrote: » Yeah, but how much will it drop against the Euro?
Strazdas wrote: » The right wing rags seem to have completely lost interest in the subject. Was it always just a Trojan horse for them ie. whip the masses into hysteria over the immigration "crisis"? There's no doubt though that every xenophobe in the UK voted to leave.
judeboy101 wrote: » Pound will drop a few cent against dollar, no more. UK will extract confessions from Brussels on backstop and they will be happy.
LuckyLloyd wrote: » The EU isn’t wasting any time. Negotiations concluded and this is the best deal the UK will get. The options for the UK close off by the day. They can no longer renegotiate and they are nearly past the point of no return on ability to mitigate worst parts of a disorderly exit. If the deal is rejected Dec 10th, Sterling will plummet below €1; the EU will kick No Deal plans into gear (and they’re more organised and have much greater resources); and UK companies will initiate contingency plans publicly. Second vote will then pass early January. Check mate. A masterful display of unity and process demonstrating how to create and exploit leverages when the stakes are at their highest. All the Telegraph / Brexiteer’s bluster is made to look so childish and inconsequential.
keane2097 wrote: » And in Mother Russia delusion suffers from you.
Roger_007 wrote: » I find it odd that the hottest issue in the Brexit debate before the referendum, the immigration issue, has hardly featured at all since the referendum. Now the big issues are the pros and cons of the customs union and the single market and trade deals. If the referendum was rerun, would the debate be an entirely different one?
