Boris ‘single-handed’ threatens mainland Europe; can he afford a no-deal Brexit?

No doubt a no-deal Brexit will test the unity of the United Kingdom, undermine the position of London as leading international financial center and surely divide deeply the governing Conservative Party. Still this party’s new leader and British Prime Minister Boris Johnson is now sailing full steam ahead towards this dreadful option. One possible explanation […]

Brexit: UK to suffer from EU’s uncompromising stance

Last Tuesday, 29 January, 317 British MPs voted for (301 against) the Tory Sir Graham Brady’s amendment, to replace the ‘Northern Ireland Backstop’ with elusive “alternative arrangements“. This NI Backstop is an integral part of the Brexit Agreement, PM Theresa May concluded with the other 27 EU leaders last December. It guarantees that, after the […]

Britain in chaos: May stays as Tory leader and PM but none can defuse the Brexit time bomb

Yesterday night the embattled British Prime Minister and President of the Conservative Party, Theresa May, won an intraparty no confidence vote. This was a Tory party internal procedure, triggered by members of her own parliamentary group. In the final result 200 Conservative MPs voted for May and 117 against her. In this way, she secures […]

Britain’s May won the first round on the Brexit agreement with the EU

Last Tuesday, the British Prime Minister Theresa May, said she has struck a Brexit agreement on the future relationship with the European Union. In reality though this is a withdrawal agreement, not a full trade or otherwise deal for the future relations between the two sides. Yesterday she won the backing of her deeply divided […]