“We will not trade our values for the benefit of the British economy,” EU Brexit negotiator Michel Barnier said on Friday.
Additional things to remember
“The UK will have to become more realistic if it is to move forward in the talks.”
“The UK cannot choose and choose the most attractive elements of the single market without respecting the obligations that even the members of the EU must respect.”
“The next round of negotiations must bring new dynamism in order to avoid the deadlock.”
“We are not going to let a third country fix the conditions of access to our single market”.
“Not optimistic about the chances of reaching an agreement with the United Kingdom.”
“An agreement is possible but we are ready not to conclude an agreement and we will intensify the preparations.”
The UK will have to become more realistic if it is to move forward in the talks. “
GBP / USD fell to its lowest level since late March at 1.2151 with the first reaction. However, renewed selling pressure around the USD helped the pair rebound slightly. At the time of writing, the GBP / USD was down 0.4% on the day at 1.2176.