News

Germany's Merkel: Need to find solution to backstop problem before Brexit date

Commenting on the Irish border backstop problem, "We need to make an effort to find a solution to the backstop problem before the Brexit date," German Chancellor Angela Merkel told reporters ahead of her meeting with British Prime Minister Boris Johnson in Berlin. "The moment we have a solution for the Irish border problem then we won't need the backstop."

Merkel further added that the first step is to hear Britain's view on the Irish border while repeating that the EU's task is to protect the integrity of the single market. 

The GBP/USD pair is now trading at 1.2146, down 0.18% on the day.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.