News World In no-deal Brexit, EU seeks to avoid short-term crash

In no-deal Brexit, EU seeks to avoid short-term crash

The European Union set out on Wednesday a series of short-term measures to limit disruption to air traffic, financial services, and trade if Britain left the bloc without a deal next March.

The European Commission, which is coordinating the European Union’s response to Brexit, also called on the 27 other EU governments to allow British nationals living in their countries to stay and work from March 29, the day Britain is due to leave.

The Commission’s measures cover transport, financial services, customs and border checks, taxation and climate change and will need to be backed by the European Parliament and the 27 countries remaining in the EU.

The EU executive proposed allowing British airlines to fly to and from EU airports for 12 months, assuming Britain offered equivalent rights to EU airlines.

The bloc would also recognise UK clearing houses for financial derivatives for a year.

The European Commission was keen to stress that the measures were limited in time.

(Reuters)

Top Stories

Three bogus cops rob Larnaca woman

  Three men wearing civilian clothes and posing as police officers robbed a 36 year old woman at a Larnaca apartment early last night. The bogus...

Almost 1500 anti-covid checks, dozens of fines

  Authorities continue to intensify a campaign of enforcing relevant anti-covid protocols and regulations, conducting 1400 checks over the past 24 hours, resulting in 66...

Turkey continues Oruc Reis provocations extending Navtex, Greece responds

  Turkey continued its series of illegal maritime advisories (NAVTEX) involving Oruc Reis, conducting energy exploration activities inside the Greek continental shelf, near the island...

Police to fine those not wearing mask at protest yday

  Authorities will be issuing fines those not wearing masks at an anti-mask protest yesterday afternoon outside the Presidential Palace. In a twitter upload, police said...

Dust persists, possible showers today, temperatures remain higher

  A thin layer of harmful dust persists in the atmosphere, causing discomfort and problems for those with respiratory issues or other chronic illnesses. Particular care...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...