Making the best of Brexit for the EU27 financial system | Bruegel

Financial market center

Financial market center (Photo credit: Wikipedia)

This is an important article from leading European think-tank Bruegel. It suggests that the EU27 needs to upgrade its financial surveillance architecture to minimise the financial market fragmentation resulting from Brexit.

Source: Making the best of Brexit for the EU27 financial system | Bruegel

If I worked in the UK financial services industry I would be worried and focused on improving my language skills and looking for an opportunity to get an EU passport.

Whilst Theresa May is peddling military equipment to the Middle East, one of the UK’s most important industries is facing uncharted risks. Surely, there’s an urgent need for some serious strategic analysis?

Thoughts?

Amicable Brexit divorce hinges on cash settlement – Gideon Rachman, FT

Gideon Rachman, the FT’s leading foreign affairs writer explores the question for Berlin , ‘Who will fill the hole in the EU budget when Britain goes’

Source: Amicable Brexit divorce hinges on cash settlement

This is an important article from Gideon Rachman and a recommended read.

This is my first political blog for over three months. I have refrained from adding my two cents to the best of the news as I’ve been travelling. Now, I’m back in Cyprus, this blog will be more active.

Of course, on Brexit, I’m biased, having always been a passionate European. So my starting point is that Brexit will be a political and economic disaster.

As always, this blog is happy to share alternative viewpoints.