“We should be driven by what is in the best interests of the United Kingdom and what is going to work for the European Union, not by the models that already exist”, she told a news conference.
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Newly installed UK Prime Minister (PM), Theresa May, has warned “Brexit” voters that slashing UK immigration numbers will “have to wait”; people had expected that Britain’s recent decision to leave the European Union (EU) would lead to reduced immigration.
In regard to Brexit, Renzi said a “clear timeline” was necessary to launch Article 50, which will formally begin the exit process. “For this reason we are particularly interested in giving our greatest help to make the path ahead as efficient as possible”.
‘This is certainly a hard avenue because it is the very first time and so there are also procedural aspects which have to be clarified but it is in the interest of all with no exceptions to be able to have a clear timeline which will streamline this procedure’.
“Not only is freedom of movement a fundamental part of how the Single Market operates, but even if she were able to cut a deal on that we would still be subject to the rules that govern the market without any control over them”.
In a joint communiqué the Group of 20, constituting an worldwide forum of governments as well as central bankers from 20 major economies, stated that Brexit, Britain’s vote to leave the European Union, heightens risks to the global economy but vowed to use all policy tools to boost growth. I intend to be able to do that, to guarantee their rights.
“The only circumstances in which that would not be possible would be if the rights of British citizens living in other European Union member states were not guaranteed”. “We’re hoping that from a badness can be born goodness for the United Kingdom and for our country and of course, also for the European institution”.
Mrs May was in Slovakia for talks with counterpart Robert Fico before heading to Poland for further discussions on preparing for Brexit.
However, while the objective was common to all 20 countries yet the methodology would vary from country to country with Germany reluctant to endorse enhanced government spending to boost growth and the US Treasury Secretary maintaining that “it would be a mistake to think about the choice of tools as being either/or when it comes to structural reforms or using fiscal space”.
But he said Italy would “respect” the decision by the British public and retain the “close links” between the two nations.
The European Commission on Wednesday appointed a former French foreign minister known for his criticism of the UK’s financial sector as its chief Brexit negotiator.
The countries are part of the Visegrad Four group within the European Union which has called for the pace of integration to be slowed in the wake of Brexit.
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Slovakia holds the presidency of the EU Council, made up of leaders of all 28 member states, until the end of the year.
