Former UK Brexit Sec. Davis: PM May's Brexit deal with EU "will be rejected" by Parliament

Eren Sengezer FXStreet

In an interview with CNBC, Former British Brexit Secretary Davis claimed that Prime Minister Theresa May's Brexit deal with the EU will be rejected by the Parliament.

Key quotes (via Reuters)

PM May "will have to come up with another alternative" to Brexit deal with EU.
Of course EU would say they will not accept any changes to Brexit deal.
We can reopen renegotiations.
The EU has spun this out to use time against us.
Negotiations with EU have not been concluded.
It is a dreadful proposal.
The EU has things to lose if there is no deal.
When asked about leadership of the conservative party says I do not get into criticism of the PM when I am abroad.
Can renegotiate for a free trade deal in four months.
Nobody prefers no deal, it is not something to be terrified of.

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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