EU Ministers Agree on Brexit Negotiation Guidelines

European Union ministers agreed their negotiating guidelines for talks with Britain on its withdrawal from the bloc, showing “remarkable” unity, the Maltese minister who chaired the meeting said on Thursday.

“It was an unprecedented signal of trust, unity and consensus of the 27… This a very good start to these complex negotiations ahead of us,” Deputy Prime Minister Louis Grech told reporters after two hours of talks in Luxembourg.

“All delegations agree with the overall thrust of the guidelines and express their full support. The main elements of the guidelines were achieving a fair and equitable result for all member states and maintaining unity and trust within the 27.”

Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.