Image:
Oettinger warned that negotiations will turn out badly. Photo: EPP Group in the CoR/Creative Commons CC BY 2.0
A senior European Union official has said Brexit talks, scheduled to start in 11 days time, may be delayed as a result of the outcome of the UK General Election.
Following yesterday's snap General Election, voting has resulted in a hung parliament with a Conservative majority. This is a smaller lead for the Tories than had been expecting ahead of the vote and Prime Minister Theresa May is facing calls to step down. The outcome is also placing the future of Brexit negotiations in doubt as Brussels wants a strong leader who will be in place for the duration of the talks, according to The Telegraph. Speaking to German radio, EU commissioner Gunther Oettinger said: "We need a government that can act. With a weak negotiating partner, there is t...
To continue reading this article...
Join Investment Week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
