How do we think EU negotiations will go? (Vol 14)
Discussion
DeltonaS said:
stongle said:
Be nice if Deltona, Mrr T, SIBI, b
hie even Nick post something. fk it, even Brooking whose a loss cannon 
Anything other than the drivel....
Incredible, grow up Stongle. hie even Nick post something. fk it, even Brooking whose a loss cannon Anything other than the drivel....Unlike the recent despicable posts from DP and "Heli"
Edited by gooner1 on Saturday 28th March 23:07
Turn7 said:
Helicopter123 said:
Turn7 said:
Dont usually get involved in here, but do we think this will get kicked down the road for a bit now ?
Most likely a 6 or 12 month extension to the implementation period. Would make a lot of sense.Ok i'll bite , why would it make a lot of sense?? you think another 6 or 12 months of uncertainty for businesses on
both sides would be helpful as we deal with and recover from the social and financial effects of CV19 !!
powerstroke said:
Ok i'll bite , why would it make a lot of sense?? you think another 6 or 12 months of uncertainty for businesses on
both sides would be helpful as we deal with and recover from the social and financial effects of CV19 !!
Please think of the camels.
Stay in Bed Instead said:
powerstroke said:
Ok i'll bite , why would it make a lot of sense?? you think another 6 or 12 months of uncertainty for businesses on
both sides would be helpful as we deal with and recover from the social and financial effects of CV19 !!
Please think of the camels.
amusingduck said:
Stay in Bed Instead said:
powerstroke said:
Ok i'll bite , why would it make a lot of sense?? you think another 6 or 12 months of uncertainty for businesses on
both sides would be helpful as we deal with and recover from the social and financial effects of CV19 !!
Please think of the camels.
stongle said:
Be nice if Deltona, Mrr T, SIBI, bhie even Nick post something. fk it, even Brooking whose a lose cannon Anything other than the drivel....
No point.hie even Nick post something. fk it, even Brooking whose a lose cannon Anything other than the drivel....There's no news to report that I know of and the last few pages of the previous thread were an utter disgrace.
People have odd priorities.
gooner1 said:
DeltonaS said:
stongle said:
Be nice if Deltona, Mrr T, SIBI, bhie even Nick post something. fk it, even Brooking whose a loss cannon Anything other than the drivel....
Incredible, grow up Stongle. hie even Nick post something. fk it, even Brooking whose a loss cannon Anything other than the drivel....Unlike the recent despicable posts from DP and "Heli"
Edited by gooner1 on Saturday 28th March 23:07
That's where the growing up is needed.
You have stated why the EU finance sector is stronger or better or doesn't need the UK using 13 year old evidence. I've explained the contrary - referring back to both EC edicts (Vestager's drive for zero reserve banking), reference to illegal bailouts (Monte Del Paschi) and DB allowed to trade and churn it's own CoCos. Not to mention the simple fact that negative interest rates destroy banks Net Interest Margin if it's illegal to pass them on (certain large states in Germany), or you are only doing it on very large balances.
Additionally ESMA continues to focus on outdated regulatory models, still implementing explicit MIFID regs, where finance firms assume non-documented is OK, rather than outcome implicit models.
This is best evidenced by the continuing game of Withholding Tax Arbitrage trading, facilitated by EU banks denying billions in tax payer revenues.
All current, all ongoing today. Not 13 years old.
In summation, the ECs attempt to blackmail us (and previously the Swiss) on a 30 day equivalence demand; is NOT a financial stability aim; but both a protectionist AND political power play.
If you think the UK is light touch on any financial crime, I think you should ask Airbus how they got nailed on section 7 of the Bribary act for illegal extra-territorial activity nothing to do with the UK entities. Cost them a billion here and 3.5ish globally. So tell me, who is the weak link here? And answer for the whole, not a single state such as the Netherlands whose banking sector is more prudent (since your opener was UK vs 27).
This is more interesting (for me anyway) than the bracist spam.
bhstewie said:
hstewie said: No point.
There's no news to report that I know of and the last few pages of the previous thread were an utter disgrace.
People have odd priorities.
There has been news though, pertinent to the future of UK relations and recovery. Merkel and Rutte wont back debt mutualisation of crisis bonds. It might not be on the BEEB (of course), but these things are ongoing. There's no news to report that I know of and the last few pages of the previous thread were an utter disgrace.
People have odd priorities.
Conte has openly questioned the "raison d'etre" of the bloc if it wont help out member states. This is a public health crisis, with high social and economic costs.
The criticism going on in the Corona threads is no different to criticism against Macron's response, lack or protective gear etc in France. There is solidarity in internet whining, than dealing with the response....
If government health advisors are to believed, this is going on until May / June - but the world will go on after Corona.
The problem Britain is in and many hoped to use in the leverage of negotiations was the fear of shutting the border and then the financial impact that this would have towards the EU would make a negotiated deal seem a softer option.
December is not going to change and no one in Europe is wanting to open its borders to Britain any time soon. Everyone is looking after their own interests at the moment.
December is not going to change and no one in Europe is wanting to open its borders to Britain any time soon. Everyone is looking after their own interests at the moment.
sisu said:
The problem Britain is in and many hoped to use in the leverage of negotiations was the fear of shutting the border and then the financial impact that this would have towards the EU would make a negotiated deal seem a softer option.
December is not going to change and no one in Europe is wanting to open its borders to Britain any time soon. Everyone is looking after their own interests at the moment.
Sovereign control of borders - whether for prevention of terrorism, control of pandemics,more merely to ease to flow of economic migrants - was a key Brexit issue for the UK. There is a good argument for saying that what's happened within the EU makes this moot. Countries have acted unilaterally in this regard. I think we are all now on a similar page.December is not going to change and no one in Europe is wanting to open its borders to Britain any time soon. Everyone is looking after their own interests at the moment.
The closed borders might oil the wheels of getting an agreement on both side too, as people see the issues caused thereby.
sisu said:
The problem Britain is in and many hoped to use in the leverage of negotiations was the fear of shutting the border and then the financial impact that this would have towards the EU would make a negotiated deal seem a softer option.
December is not going to change and no one in Europe is wanting to open its borders to Britain any time soon. Everyone is looking after their own interests at the moment.
At times like this unity within the EU27 would I would have thought have been imperative, no?December is not going to change and no one in Europe is wanting to open its borders to Britain any time soon. Everyone is looking after their own interests at the moment.
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