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Joachim Wuermeling - Bloomberg

BIS' Wuermeling: The European financial market after Brexit : Prof Joachim Wuermeling, Member of the Executive Board of the Deutsche Bundesbank, addressed banking and supervisory developments related to the coronavirus and three developments that could restrict supervisory capabilities: Brexit, bigtech and a lenient approach to implementing Basel III. View Article

POLITICO: EU wants zero-tariff Brexit deal, but will fine anticompetitive behavior : Brussels is willing to establish a zero-tariff area for goods with the UK but it will impose fines on unfair competitive behavior, according to a draft text for a future relations agreement with the UK. View Article

Financial Times: Economic cost of Brexit laid bare in OBR forecasts : The economic cost of Brexit was laid bare on Wednesday by Britain’s official budget watchdog, which warned that leaving the EU would hit growth, exports and the public finances at a time of rising uncertainty. View Article

City AM: EU rejects UK’s call for quick agreement on financial services equivalence : The EU’s head of financial regulation has rejected the UK’s calls for the City’s future access to the bloc’s markets to be settled by the end of June, warning that Brussels’ decision will be based on the extent Britain wants to deviate from EU rules.  View Article

Boris Johnson - POLITICO

Financial Times: Brexit transition deadline in doubt as talks called off : The next round of Brexit negotiations has been cancelled as expectation grows in Brussels and London that the standstill transition period will be extended beyond its December 2020 deadline owing to coronavirus disruption. View Article

The Guardian: UK and EU agree to 'dial down rhetoric' in Brexit talks : The UK and the EU have agreed to “dial down the rhetoric” over Brexit in an effort to open up space for a deal, it has emerged. View Article

Federal Trust: Cliff edge or capitulation? The options for EU/UK trade negotiations : Dr Andrew Blick argues that logic and the national interest demand an extension of the transition period beyond the end of 2020. He’s not however entirely confident that this will happen. View Article

 

Graham Bishop retweeted
	Bloomberg @business
Boris Johnson dismissed calls to postpone Brexit, even as the coronavirus crisis delays trade talks and gradually monopolizes government time and resources trib.al/X6kryK9
Graham Bishop retweeted
	Bloomberg Brexit @Brexit
The ECB launches an emergency bond-buying program worth 750 billion euros in the latest attempt to calm coronavirus-hit markets trib.al/1FrRgyu
Graham Bishop retweeted
	FT Brussels @ftbrussels
Brexit transition deadline in doubt as talks called off on.ft.com/3a24zm8
Graham Bishop retweeted
	Bloomberg @business
Italy’s Prime Minister Giuseppe Conte called on European Union nations to issue “coronavirus bonds” to fund their response trib.al/w0MzvXs
	Graham Bishop @GrahamBishopcom
Looking at the market reactions to the weekend central bank moves, one can only be deeply disturbed... I've analysed the latest data from markets & looked into other #financialpanic crisis to see if there are parallels we can learn from #coronavirusimpact ow.ly/5Tju50yNIsz
	Graham Bishop @GrahamBishopcom
Read Graham Bishop's sobering analysis of the latest financial developments linked to coronavirus pandemic and how the situation is likely to evolve (Free article) #coronavirusimpact #financialpanic ow.ly/1KeZ50yNIkb pic.twitter.com/WXfgrbEJxW
Graham Bishop retweeted
	City A.M. @CityAM
EU rejects UK’s call for quick agreement on financial services equivalence dlvr.it/RRz4s1 pic.twitter.com/AlZVyPdk9l
Graham Bishop retweeted
	FT Brussels @ftbrussels
EU launches pandemic fiscal firefight on.ft.com/2U88sPU
Graham Bishop retweeted
	Steve Peers @StevePeers
Now online (apparently leaked) - full text of the EU proposal for the draft future relationship treaty with the UK: drive.google.com/file/d/1_Q7mEE…
Graham Bishop retweeted
	Bloomberg @business
BREAKING: EU ready to trigger crisis clause allowing fiscal stimulus trib.al/npR7169 pic.twitter.com/YYou1jXpeb