- Posted by currencies in Rate Alerts
- June 19, 2017
- No Comments
Today’s exchange rates are listed at the bottom of this article. Please note for live prices contact us as the rates listed are for indication only.
Brexit Secretary David Davis starts negotiations in Brussels today that will set the terms on which Britain leaves the European Union and determine its relationship with the continent for generations to come.
Almost a year to the day since Britons shocked themselves and their neighbours by voting on June 23 to cut loose from their main trading partner, and nearly three months since Prime Minister Theresa May locked them into a two-year countdown to Brexit in March 2019, almost nothing about the future is clear.
Even May’s own immediate political survival is in doubt, 10 days after she lost her majority in an election.
Davis, who unlike May has long campaigned to leave the EU, will meet chief EU negotiator Michel Barnier, a former French minister, at the European Commission’s Berlaymont headquarters at 11 a.m. They are due to give a joint news conference after talks among their teams lasting seven hours.
Officials on both sides play down expectations for what can be achieved in one day. EU diplomats hope this first meeting, and a Brussels summit on Thursday and Friday where May will encounter – but not negotiate with – fellow EU leaders, can improve the atmosphere after some spiky exchanges.