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.”

CNBC

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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

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