Eurozone leaders have said that London’s financial firms risk losing unrestricted access to the European Union. Many of London’s big financial institutions, which employ tens of thousands of UK staff, trade unhindered across the EU under rights known as “passporting”. However, that would be under threat if the UK chooses to leave the single market as part of its withdrawal. Jeroen Dijsselbloem, the Dutch finance minister, said limited access to the EU single market would be the “price” of the UK leaving the EU. The head of France’s central bank also warned that London’s banks would lose their “financial passport”.
DNDLAW Solicitors
Donnelly Neary & Donnelly offer a full range of legal services including Conveyancing Tax Commercial Criminal Family Law Divorce Wills Probate Immigration Notary Public from offices in Newry Castlewellan Dublin Portadown serving all of County Down Armagh and Belfast
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