The British government has completed its contingency plans for dealing with a situation in which the country could be leaving the European Union without an agreement that could define divorce terms as well as how future relationship would work.
European Union leaders have reiterated their position on a divorce deal signed with the UK as British Prime Minister Theresa May visits European capitals to improve chances for ratification of the agreement in the British parliament.
British Prime Minister Theresa May is facing a new challenge in her attempts to go through with negotiations to bring Britain out of the European Union as some 80 members of her Conservative Party have announced she should either revise her Brexit strategy or face a party rebellion.
Overall, it was a ‘cheerleading’ speech with Draghi emphasizing the accomplishments of the ECB and the importance of the European Union unifying against the threat of increased protectionism in order to promote economic prosperity.
Lawmakers in the European Parliament approved a far-reaching proposal calling for greater scrutiny of foreign investments, part of a bid to respond to a flurry of Chinese acquisitions in the European Union.