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EU rejects option to re-negotiate Brexit

Mr. Jean-Claude Junker (EU Commission President) noted that the EU is not willing to renegotiate a deal with the UK for Brexit.

As per reported information, Mr. Junker stated that negotiations were conducted and finalised with Prime Minister May, and that re-negotiations were not an option.

Any successor to the prime minister’s office will have to deal with the rejection of the deal at British Parliament and the refusal to engage in new negotiations promoted by the EU.

Foreign Secretary and potential candidate to take Mrs. Theresa May role, Mr. Jeremy Hunt stated that a non-deal Brexit was a “Political Suicide”, opposing Mr. Boris Johnson statement calling for such option.

Several political voices noted that the no-deal risk grows daily as Britain straggles to define its strategy for the divorce deal.

Trade Minister Mr. Liam Fox stated “If the EU doesn’t want to negotiate any changes – which I think would be unfortunate and I think would be quite surprising – then I think that of course does increase the chance of a no-deal exit,”

Meanwhile the Labour Party calls for a second referendum for Brexit.

Some political figures have noted that a second vote will be anti-democratic and regardless their opposition to Brexit on the first place, they state not to support a second vote saying that “this is not how democracy works”.

Source

https://www.reuters.com/article/uk-britain-eu/eu-tells-britain-there-will-be-no-renegotiation-of-brexit-deal-idUSKCN1SY0HJ

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Jaime Prieto

Mr. Jaime Prieto is a lawyer experienced in Financial Crime, Anti-Money Laundering and Counter Terrorism Financing having extensive professional experience in both public and private sectors. Mr. Prieto has been a Head of Compliance in the European Union, the Americas and the Caribbean for banks, trust companies, asset managers, Big Four audit and advisory firms, RegTechs, government agencies and other types of financial professionals. In addition to his experience, he has been legal and educational chair in several compliance and sectorial organisations and performed as a teacher and speaker for a number of organisations and in several local and international forums. Furthermore, Mr. Prieto is an experienced Money Laundering Reporting Officer anda Data Protection officer with additional experience in risk management.
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