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Juncker: 'No room to renegotiate Brexit deal'

Published 12/11/2018, 04:53 AM
© Reuters.  Juncker: 'No room to renegotiate Brexit deal'
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  • While elements of the Brexit deal could still be "clarified," European Commission President Jean-Claude Juncker is ruling out any renegotiation of the divorce agreement after Theresa May delayed a critical parliamentary vote on her proposal to leave the EU.
  • She now plans to meet with European leaders before an EU summit in Brussels on Thursday.
  • If a deal cannot pass through parliament, the range of outcomes runs from a leadership challenge, a May resignation, a general election in the U.K., a second referendum on EU membership or a temporary stop on Britain's withdrawal.
  • After plummeting to 21-month low on Monday, the pound is scaling back some losses, up 0.5% to 1.2624.
  • ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, DXPS, HEWU, QGBR, DGBP, FLGB, UGBP
  • Now read: Dollar Funding Stress Is Growing And The U.K. Is Not Helping Here At All


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