EU President: New Britain-EU Relationship Would Take 7 Years

European Union President Donald Tusk says that voting to leave the bloc would be a geopolitical setback for Britain, and it would take at least seven years to negotiate a new Britain-EU relationship.

In an interview with German daily Bild published Monday, Tusk said a vote to leave in the June 23 referendum “would be a setback not just economically but above all geopolitically for Britain.”


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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.