The European Union (EU) “would speed up legal procedures without steps from the UK to repair the violation of the Brexit deal on Northern Ireland,” stated Maros Sefcovic, Vice President of the European Commission for Interinstitutional Relations and Foresight, on Tuesday (NI).
“It can be difficult to adjust to the new scenario created by Brexit.”
“I’ve proposed a veterinary agreement in the Swiss style.”
At the time of writing, the GBP/USD pair has reversed much of its early gains and is trading at 1.3850, essentially unchanged on the day.
The GBP bulls paid a high price for the rejection around 1.3900, as the US dollar rallied across the board.
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