FX & CFD trading involves significant risk
The European Commission believes that the British government will not submit a statement of withdrawal from the EU, in accordance with Article 50 of the EC Treaty. This was stated by the German weekly newspaper WIWO, citing unnamed sources.
"If British politicians involve Article 50, they will do so after the elections in France and Germany", - noted WIWO, citing an anonymous official of the Commission. The next parliamentary elections in France, is likely to take place in June 2017, while the German - in September 2017.
"Anyone who submits an application will be in a weaker position," - said the unnamed official. - A two-year period for the negotiations begins after the notification is received.
|remaining time till the new event being published|