EU Commission spokeswoman: No change to EU position on Brexit

Eren Sengezer FXStreet

Commenting on British Prime Minister Theresa May's decision to resign on June 7, European Commission spokeswoman Mina Andreeva told reporters that Commission President Juncker will equally respect and establish working relations with the new Prime Minister and added that there was no changes to the EU's position on Brexit.

Key quotes (via Reuters)

EU assumption is still that Brexit happens on October 31.
EU preference is orderly withdrawal on basis of agreement that has been negotiated with UK.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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