May Faces EU Leaders as Negotiations Begin

Prime Minister Theresa May’s first European Union summit since her disastrous election could mark the scene of the first big row of the Brexit negotiations as she outlines how the U.K. proposes to treat the bloc’s citizens after it leaves.

May will run her fellow leaders through the principles of her approach toward EU nationals over dinner in Brussels on Thursday before publishing a detailed plan on Monday. While this week’s opening round of Brexit negotiations was considered by the two sides to be generally constructive, diplomats said May’s plan for expats may lay bare the divisions between them.

“It’s an early test,” said Jonathan Portes, professor of economics and public policy at King’s College London. “If we can’t get a sellable deal on this issue, which is less problematic than others, then we might be in trouble.”

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.