Business & Finance
Brought to you by: Monaco Life
NEWS: The new British Prime Minister, Theresa May, has received a friendly boost from Europe’s most powerful woman. During a visit to Germany, the new premier was told by Angela Merkel, “It is to our advantage to have the UK define its negotiating stance in great detail and clarity and to also clearly outline how it sees its future relationship with the EU – these have to be parallel processes.”
Formal talks would not start until Britain invokes Article 50 of the Lisbon Treaty to trigger the start of Brexit, the Chancellor said.
Mrs Merkel added: “It is now up to the British Government to define how it wishes to see its future relationship with the EU and to then also to pursue the following steps – particularly as regards the process leading up to invoking Article 50. Only then will the proper negotiations start.
“I promise you from the German side we will certainly stand up for our interests – just as Britain does for its own citizens. But we will do this in a spirit of friendship.
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Monaco Life spoke to MYS Director Gaëlle Tallarida about organising this year's event amid an unprecedented environment of uncertainty.
Reactions to FEDEM’s request to annul a bill protecting employees from dismissal during the health crisis have come swift and hard from trade unions, the National Council and the Prince’s Government.
The European Commission has issued a new, and somewhat controversial, European budgetary proposal that includes a recovery fund to help coronavirus-battered economies rebound in the coming months and years.