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Home Business and Economics Economics

Watch – ‘Hard Brexit’ or ‘no Brexit’ says EU president Tusk

This will be music to the ears of staunch Brexiteers, but will terrify everyone else. The EU council president, Donald Tusk, has said that there is only one type of Brexit…and it’s a Hard Brexit. Tusk rejected Boris Johnson’s claim that the UK would end up with a better deal with the EU than it […]

Joe Mellor by Joe Mellor
October 14, 2016
in Economics, News, Politics

This will be music to the ears of staunch Brexiteers, but will terrify everyone else. The EU council president, Donald Tusk, has said that there is only one type of Brexit…and it’s a Hard Brexit.

Tusk rejected Boris Johnson’s claim that the UK would end up with a better deal with the EU than it has now.

Donald’s remarks are the first time he has taken such a hardline against the UK. This comes as there are various reports US banks will be leaving the UK when we leave the EU once and for all.

Tusk went as far as saying that Britain can’t “have its cake and eat it.” Alongside this news, the pound continue to slide, trading a less than one Euro at some currency exchanges.

He made his statement to the press in Brussels yesterday, adding: “The only real alternative to a hard Brexit is no Brexit, even if today hardly anyone believes in such a possibility.

“That was pure illusion, that one can have the EU cake and eat it too. To all who believe in it, I propose a simple experiment. Buy a cake, eat it, and see if it is still there on the plate.”

Watch Video Here

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