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Irish Official Predicts Post-Brexit Border Deal
February 21, 2017
In testimony before the UK Parliament's Northern Ireland Select Committee, Irish Ambassador to the UK Daniel Mulhall asserted that it would not be "remotely possible" to establish a "hard border," including customs checks and the prevention of the free movement of people, between Ireland and Northern Ireland following the UK's exit from the EU.
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Official: Greek Debt "Haircut" Means Leaving Euro
February 21, 2017
Bloomberg reports that, as Greek, EU, and International Monetary Fund officials approach another potential standoff over Greece's debt, German finance minister Wolfgang Schäuble has asserted that any reduction of Greece's debt obligations would violate EU treaty rules and must result in Greece departing the euro currency.
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Countries Offer Vision of More Flexible EU
February 21, 2017
The governments of the Netherlands, Belgium, and Luxembourg have set out their "vision on the future of Europe" that includes restricting EU action to "core priorities" that are "based on the subsidiarity and proportionality principles" and permitting countries across the EU to proceed along "different paths of integration and enhanced cooperation."
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Hungarian Official Criticizes Talk of Brexit "Punishment"
February 21, 2017
The Express reports that Zoltan Kovacs, spokesman for Hungarian Prime Minister Viktor Orban, has asserted that Hungary is seeking a "fair Brexit" and will not attempt to punish the UK for its decision to depart the EU by, for instance, contributing to plans to impose a financial penalty on Britain upon its exit.
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UK Draws up Contingency Plans for Brexit
February 21, 2017
Politico reports that Jim Harra, a director general at the UK's revenue and customs agency, has briefed Members of Parliament on contingency plans under development by the British Government for falling back on World Trade Organization rules in case the UK does not reach a favorable customs deal with the EU by the time of Brexit.
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