UK Prepares For Tough Negotiations on EU Citizens Rights

May 9, 2017 Share Print 0

The U.K. is preparing to play hardball in negotiations over the rights of millions of European Union citizens living in the country, as the issue looks likely to become a major hurdle for the Brexit talks.

Prime Minister Theresa May’s team is squaring up to fight demands from Brussels that the 3.2 million EU nationals living in Britain should enjoy exactly the same privileges as now even after the country leaves the bloc.

The most controversial argument from within the EU is that the European Court of Justice continues to provide the final guarantee of entitlements. May has already promised Brexit will mark the end of the ECJ holding sway in the U.K.

Bloomberg

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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 SKY News. 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.