Juncker Clash Shows Negotiations Won’t Be Easy

U.K. Prime Minister Theresa May alluded to the leaked details of her disastrous dinner with Jean-Claude Juncker to remind voters that Brexit talks will be tough and she alone is up to the task.

Germany’s Frankfurter Allgemeine Sonntagszeitung newspaper on Sunday said that the European Commission president left the April 26 talks at Downing Street shocked at May’s reluctance to compromise and “ten times more skeptical” of reaching a mutually acceptable deal over Brexit. It said the pair disagreed about the complexity involved in any agreement, about the sequencing of talks, and about budget contributions.

Dismissing the report as “Brussels gossip,” May didn’t outright deny its accuracy. If anything, the premier has used the growing antagonism with Brussels to bolster her claim that a personal mandate means she can negotiate Brexit more successfully. May’s refrain has been to contrast her show of strength and to depict rival Jeremy Corbyn as a “weak, nonsensical” leader.

Bloomberg

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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.