Brexit news

French Property News - - News -

The UK is on course to leave the Euro­pean Union on 29 March 2019. The Bri­tish gov­ern­ment and the Euro­pean Com­mis­sion have agreed in prin­ci­ple that all UK na­tion­als liv­ing in France by that date will en­joy the same rights as they do to­day as will ex­ist­ing spouses, civil part­ners, un­mar­ried part­ners, chil­dren, de­pen­dent par­ents and grand­par­ents as well as chil­dren born or adopted out­side France af­ter the Brexit cut-off day.

Talks have now moved on to the se­cond phase of ne­go­ti­a­tions, con­cern­ing our fu­ture re­la­tion­ship with the EU.

The UK econ­omy will be worse off in ev­ery way af­ter Brexit, no mat­ter what deal is struck with the Euro­pean Union, ac­cord­ing to a leaked gov­ern­ment re­port. The White­hall anal­y­sis con­cluded that growth over the next 15 years would be 8% lower un­der a no-deal sce­nario, about 5% lower with a free-trade agree­ment with the EU and about 2% lower if Bri­tain stayed in the sin­gle mar­ket out­side the Euro­pean Union. Pro-brexit Con­ser­va­tive MP Iain Dun­can Smith said the re­port should be taken with a “pinch of salt”.

EU min­is­ters pro­pose that the tran­si­tion pe­riod fol­low­ing the UK’S de­par­ture from the bloc in March 2019 should run un­til 31 De­cem­ber 2020. The aim of the tran­si­tion (or im­ple­men­ta­tion) pe­riod is to min­imise dis­rup­tion to trade and travel im­me­di­ately af­ter Brexit. Dur­ing this time, the UK should con­tinue to abide by the bloc’s rules (in­clud­ing any new ones) but no longer par­tic­i­pate in de­ci­sion-mak­ing, says the EU.

Down­ing Street said there was “some dis­tance” be­tween what the EU wanted and what the UK wanted on the tran­si­tion pe­riod. Theresa May says free­dom of move­ment should end on Brexit day in 2019 whereas the EU says cit­i­zens’ rights should con­tinue as be­fore through­out the tran­si­tion pe­riod.

French pres­i­dent Em­manuel Macron and Theresa May met in the UK in Jan­uary to strike a se­ries of agree­ments on An­gloFrench co­op­er­a­tion, cov­er­ing se­cu­rity, de­fence, for­eign pol­icy and more. How­ever, Macron warned: “If you want ac­cess to the sin­gle mar­ket – in­clud­ing the fi­nan­cial ser­vices – be my guest. But it means that you need to con­tribute to the bud­get and ac­knowl­edge Euro­pean ju­ris­dic­tion.”

Chan­cel­lor Philip Ham­mond has sparked a fu­ri­ous back­lash from anti-eu Con­ser­va­tives by calling for a soft Brexit with only “mod­est changes” to our cur­rent re­la­tion­ship.

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