Xinhuanet

Spotlight: Brexit leader stresses efforts for "intense" European cooperation

Source: Xinhua 2016-06-27 15:39:43
[Editor: huaxia]
UK-LONDON-EU REFERENDUM-BREXIT

LONDON, June 26, 2016 (Xinhua) -- Demonstrators hold up placards as they protest against the outcome of the UK's June 23 referendum on the European Union (EU) in central London, Britain, on June 26, 2016. (Xinhua/Han Yan)

LONDON, June 27 (Xinhua) -- Leading Brexit campaigner Boris Johnson tried on Sunday to drive home future efforts to intensify cooperation with Europe in a bid to allay doubts among the divided British public.

"I cannot stress too much that Britain is part of Europe, and always will be. There will still be intense and intensifying European cooperation and partnership in a huge number of fields," said Johnson in an article carried by Sunday's Daily Telegraph newspaper.

Johnson is apparently trying to allay the more than 16 million Britons who voted to remain. "They are our neighbors, brothers and sisters who did what they passionately believe was right," he said.

"We are much better together in forging a new and better relationship with the EU -- based on free trade and partnership, rather than a federal system," said Johnson.

The Leave camp won nearly 52 percent of the vote, while Remain counted for a little more than 48 percent, a margin too narrow to persuade some of the most radical believers in an EU future for Britain.

They have launched a petition to Parliament calling for a second referendum on Britain's EU membership. The drive has gathered more than 1 million signatures by midday Saturday.

The petition demands a change in the law to pave the way for a re-run of Thursday's national vote. It calls for a majority of 60 percent and a turnout of 75 percent before any change in Britain's EU membership can take place. The petition was gaining pace at a rate of thousands of signatures every hour.

Johnson said there will continue to be free trade with the EU members, and access to the single market.

But European Central Bank's Governing Council member Francois Villeroy de Galhau told France Inter radio that if Britain leaves the EU, the country wouldn't be able to keep its so-called "EU passport" that allows British banks to operate freely with European banks.

It would also be hard for Britain to continue relations with the bloc's banking sector unhindered.

Britain will have to continue complying with European rules after the fallout if it wants to keep access to the single market, said de Galhau.

Foreign ministers from six founding countries of the EU met on Saturday in Berlin, pushing for speedy exit procedures for Britain.

"This process should start as soon as possible," said German Foreign Minister Frank-Walter Steinmeier after a meeting with his counterparts from France, Italy, the Netherlands, Belgium and Luxembourg.

The aim must be "not to fall into a prolonged stalemate," said Steinmeier.

Related:

News Analysis: Brexit vote helps push Australian gov't ahead of opposition in latest opinion poll

CANBERRA, June 27 (Xinhua) -- The Australian government has edged ahead of the opposition less than a week before the federal election, the latest opinion poll, released on Monday, has suggested.

After the previous two Newspolls showed the coalition and the Labor opposition were neck-and-neck in the two-party preferred vote, the latest survey of almost 1,800 Australians showed the government's primary vote has risen to a 14-week high to propel it ahead in the two-party vote --- 51 percent to 49 percent.  Full story

News Analysis: Brexit stirs shake and slump in Egypt stock markets

by Mahmoud Fouly, Ahmed Shafiq

CAIRO, June 26 (Xinhua) -- Britain's exit from the European Union has rocked the Egyptian stock market, causing a surprising slump in major indexes, experts said Sunday.

"All experts expected the negative consequences of Britain's exit from the EU on the financial market and the sharp decline of stock markets and exchange rates," Mohamed Farid, head of Dcode Economic and Financial Consulting Company, former adviser to finance minister, former EGX vice-chairman, told Xinhua.  Full story

[Editor: huaxia]
 
Spotlight: Brexit leader stresses efforts for "intense" European cooperation
                 Source: Xinhua | 2016-06-27 15:39:43 | Editor: huaxia
UK-LONDON-EU REFERENDUM-BREXIT

LONDON, June 26, 2016 (Xinhua) -- Demonstrators hold up placards as they protest against the outcome of the UK's June 23 referendum on the European Union (EU) in central London, Britain, on June 26, 2016. (Xinhua/Han Yan)

LONDON, June 27 (Xinhua) -- Leading Brexit campaigner Boris Johnson tried on Sunday to drive home future efforts to intensify cooperation with Europe in a bid to allay doubts among the divided British public.

"I cannot stress too much that Britain is part of Europe, and always will be. There will still be intense and intensifying European cooperation and partnership in a huge number of fields," said Johnson in an article carried by Sunday's Daily Telegraph newspaper.

Johnson is apparently trying to allay the more than 16 million Britons who voted to remain. "They are our neighbors, brothers and sisters who did what they passionately believe was right," he said.

"We are much better together in forging a new and better relationship with the EU -- based on free trade and partnership, rather than a federal system," said Johnson.

The Leave camp won nearly 52 percent of the vote, while Remain counted for a little more than 48 percent, a margin too narrow to persuade some of the most radical believers in an EU future for Britain.

They have launched a petition to Parliament calling for a second referendum on Britain's EU membership. The drive has gathered more than 1 million signatures by midday Saturday.

The petition demands a change in the law to pave the way for a re-run of Thursday's national vote. It calls for a majority of 60 percent and a turnout of 75 percent before any change in Britain's EU membership can take place. The petition was gaining pace at a rate of thousands of signatures every hour.

Johnson said there will continue to be free trade with the EU members, and access to the single market.

But European Central Bank's Governing Council member Francois Villeroy de Galhau told France Inter radio that if Britain leaves the EU, the country wouldn't be able to keep its so-called "EU passport" that allows British banks to operate freely with European banks.

It would also be hard for Britain to continue relations with the bloc's banking sector unhindered.

Britain will have to continue complying with European rules after the fallout if it wants to keep access to the single market, said de Galhau.

Foreign ministers from six founding countries of the EU met on Saturday in Berlin, pushing for speedy exit procedures for Britain.

"This process should start as soon as possible," said German Foreign Minister Frank-Walter Steinmeier after a meeting with his counterparts from France, Italy, the Netherlands, Belgium and Luxembourg.

The aim must be "not to fall into a prolonged stalemate," said Steinmeier.

Related:

News Analysis: Brexit vote helps push Australian gov't ahead of opposition in latest opinion poll

CANBERRA, June 27 (Xinhua) -- The Australian government has edged ahead of the opposition less than a week before the federal election, the latest opinion poll, released on Monday, has suggested.

After the previous two Newspolls showed the coalition and the Labor opposition were neck-and-neck in the two-party preferred vote, the latest survey of almost 1,800 Australians showed the government's primary vote has risen to a 14-week high to propel it ahead in the two-party vote --- 51 percent to 49 percent.  Full story

News Analysis: Brexit stirs shake and slump in Egypt stock markets

by Mahmoud Fouly, Ahmed Shafiq

CAIRO, June 26 (Xinhua) -- Britain's exit from the European Union has rocked the Egyptian stock market, causing a surprising slump in major indexes, experts said Sunday.

"All experts expected the negative consequences of Britain's exit from the EU on the financial market and the sharp decline of stock markets and exchange rates," Mohamed Farid, head of Dcode Economic and Financial Consulting Company, former adviser to finance minister, former EGX vice-chairman, told Xinhua.  Full story

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