Romaniapress.com

February 11, 2019

EC senior official Cristea: UK exiting EU without agreement, disorderly, with great potential for crisis
Feb 11, 2019

EC senior official Cristea: UK exiting EU without agreement, disorderly, with great potential for crisis.
The head of the European Commission Representation in Romania, Angela Cristea, said on Monday that the chances of the UK withdrawing from the EU without an agreement increase by the day, which would make the exit disorderly and having a great potential for crisis in many sectors. "The agreement negotiated and agreed upon with Prime Minister May was rejected in a first vote in the British Parliament, and now we are in a rather bizarre situation in which we know that our partners do not want to stay in the European Union, but they do not want to leave under this agreement or without an agreement either, and they will not have any time extension to the exit," Cristea told a debate hosted by Romania’s Foreign Affairs Ministry (MAE). She explained the consequences of this situation, highlighting the state of uncertainty and the consequences of a Brexit without agreement. "What is important is to find out what they want. It is quite obvious what they do not want and they do not seem to want any of the rational, logic options that we can also see. And although our position is very clear - that this is the best possible agreement and we cannot see why we would renegotiate it since we have already come to agree it is the best possible agreement - our chief negotiator (...) agreed to resume talks precisely to find out what our partners want, what their steps are moving forward. This state of uncertainty is exactly what we wanted to avoid. At the same time, every passing day increases the chances of an exit without an agreement, a disorderly pullout with a very high potential for crisis in many sectors," said Cristea. She pointed out that the European Commission is prepared for both options - a UK retreat with an agreement and one without any agreement. "For the orderly exit, we have published over 60 sectoral notices just so that all those who have relationships in a particular field know what this divorce actually means. If there is no agreement, we have published 14 immediate measures to avoid this major crisis where everything get stuck on March 30," added Cristea. According to her, there is a very large difference between the two scenarios when viewed through the lenses of business. "If, however, the withdrawal agreement passes, even from the business environment’s point of view, even if the UK becomes a third country on March 30, 2019, it will actually leave the EU only on January 1, 2021, so there are still 21 months of transition. If not, on March 30, Britain is not only a de jure but also a de facto third country and then all the plans of the businesspeople probably do need to consider both outcomes," Cristea explained. AGERPRES (RO - author: Catalin Alexandru, editor: Mihai Simionescu; EN - author: Corneliu-Aurelian Colceriu, editor: Adina Panaitescu)

[Read the article in Agerpres]
 
 
SEE ALSO IN ROMANIAN NEWSPAPERS

Medicover And Synevo 2018 Combined Revenue Up 27% On Year To EUR93.8M The overall combined revenue of Swedish-held private medical service provider Medicover and of Medicover’s medical laboratory division Synevo grew 27% in Romania in 2018, to EUR93.8 million. The Romanian market ranks third, on a group level, accounting for 14% of its total revenue, after Germany (...)

Dafora Medias Switches To RON5M Loss In 2018, From RON253M Profit In 2017 Romanian drilling company Dafora Medias (DAFR.RO) on Friday said it ended 2018 with revenue of RON112 million, up 50% versus 2017, but it switched to loss, posting a negative result of RON5.4 million, compared with a profit of RON253 million a year (...)

Romania's Halep advances to Qatar Total Open singles final World number three and top seed Simona Halep of Romania on Friday advanced to the women's singles final of the 916,131-USD Qatar Total Open tennis tournament after defeating Ukrainian Elina Svitolina, world number seven, 6-3 3-6 6-4, as she was led 4-1 in the deciding set. Their (...)

Romania Ranks 15th In The EU By New Car Registrations In January 2019 Romania ranks 15th in the European Union, with a volume of 13,952 new car registrations, up 18.8% compared with January 2018, Romania’s association of automotive manufacturers ACAROM said Friday.

UPDATE/Iohannis: Budget proposed by PSD-ALDE shows total contempt for Romanians' expectations President Klaus Iohanis believes the budget proposed by the Social Democratic Party (PSD) - the Alliance of Liberals and Democrats (ALDE) ruling coalition, adopted by Parliament on Friday, shows the majority coalition's total contempt for Romanians' expectations, "who want (...)

#Romania 2019.eu/Dancila: Romanian presidency of Council of EU concluded 43 legislative files since taking over The Romanian presidency of the Council of EU already concluded 43 legislative files since taking over, among which a provisional agreement reached this week regarding the revision of the directive on natural gas, which will lead to the consolidation of energy security in the EU, PM Viorica (...)

Former chief corruption prosecutor denies having discussed with fugitive mogul extradition of disgraced businessman Former chief prosecutor with the National Anti-Corruption Directorate (DNA) Laura Codruta Kovesi said on Friday that she never discussed with now fugitive media mogul Sebastian Ghita the extradition of disgraced businessman Nicolae Popa. She went to the Attorney General's Office on (...)

 

Romaniapress.com : all romanian news. Copyright © DIRECTWAY | News RSS |