EU's Barnier calls British financial market proposals 'unacceptable'

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British proposals to give the City of London access to the European Union are 'unacceptable' because they seek to maintain the benefits of the single market without the obligations, the bloc's chief Brexit negotiator Michel Barnier said on Tuesday.

LONDON - British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the bloc’s chief Brexit negotiator Michel Barnier said on Tuesday.

Barnier said Britain would like to make it easy to continue to run EU financial services businesses from London, with minimal operations and staff on the continent. London and Brussels have an end of June deadline for completing “equivalence” assessments for determining access to each other’s financial markets.

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Increasingly desperate MichelBarnier spits in the wind, stamps his foot as nobody listens anymore.

City of London calls the shots over EU. The posturing is a charade.

This man has made an absolute disaster out of almost four years of Uk/Eu negotiations. MB is a disaster and should be replaced by the COM.

has there been 1 ever acceptable?

What a surprise. I find EU Barnier unacceptable.

he'll soon find out that he's wrong

get a real job, mate & your photo ops will cease! roll on BREXIT!

So what? There are dozens of things we deem unacceptable that the EU does. That’s why, as a nation, we are leaving.

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