News World Brexit deal is best option to protect British economy-finance minister

Brexit deal is best option to protect British economy-finance minister

Britain’s draft deal to leave the European Union is the best available solution to safeguard the economy and start to reunite a divided country, finance minister Philip Hammond said on Saturday.

Prime Minister Theresa May is due to meet EU leaders on Sunday in Brussels to sign off on the Brexit deal although objections from Spain over Gibraltar could yet derail the plans.

Even if it is approved, May faces a tough battle to get the deal through the British parliament in the face of objections from some of her own Conservative Party lawmakers and allies in Northern Ireland’s Democratic Unionist Party (DUP).

“This deal is a way of Britain leaving the European Union … with minimum negative impact on our economy,” Hammond told the BBC.

“The only thing that is holding the economy back at the moment is uncertainty about our relationship with the European Union,” he added.

“If we were to leave the EU without a deal I have no doubt that the consequences for the economy would be very serious indeed, very disruptive and very negative for jobs, for prosperity in the future.”

Hammond, who met DUP leader Arlene Foster on Friday, defended the agreement as good for a country where divisions have been exposed by the June 2016 EU referendum.

“Remaining in the EU after a clear referendum decision to leave EU would be utterly debilitating to our politics, it would completely undermine confidence in the political system and leave large numbers of people feeling betrayed,” he said.

“We also have to look at the political healing process, bringing our country back together, because (…) countries that are disunited and divided are not successful countries.”

(Reuters)

Top Stories

36 new coronavirus cases detected out of 3,317 tests

The Ministry of Health has announced that 36 new cases of the SARS-CoV-II virus were detected in Cyprus over the past 24 hours out...

Emergency meeting regarding mass coronavirus cases detected in football teams to be held at Ministry of Health on Thursday

The Cypriot football scene is officially on alert. Positive coronavirus cases seem to be sprouting left, right, centre and generally multiplying before one can...

Ethnikos Achnas FC: number of now confirmed COVID-19 cases skyrockets to 17

Fears of a sharp increase in positive coronavirus cases in Ethnikos Achnas have been confirmed. As confirmed by an announcement by the team, a total...

Ethnikos Achnas FC: covid cases reportedly now in the double digits – match with Aris Lemesou postponed

Information about several positive cases of coronavirus detected in Ethnikos Achnas FC has been confirmed. The latest information indicates that the second diagnostic test the...

Additional covid measures in Larnaca in effect as of Thursday

The Government has announced new local measures concerning the coronavirus pandemic due to the outbreak observed in Larnaca the past few days. The Minister of...

Taste

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...

Souvlakia

Pork souvlaki: Put the meat and all the other ingredients in a bowl (not metal) and mix well. Cover the bowl and keep in...

Pastelli (Carob Toffee)

The nutritional sweet of Pastelli is made with the syrup of carob pods, produced by boiling their pulp until it forms a thick, sticky...

Meatballs with tomato and cumin

Place all meatball ingredients in a bowl and knead well with hands. Keep the mixture in the fridge for approximately 1 hour to thicken. In...