EU finance chief says UK's Northern Ireland move a breach of trust

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The European Union's finance chief said Britain's decision to make unilateral changes to Northern Irish Brexit arrangements raised questions over whether it can be trusted in future trade negotiations with any partner.

FILE PHOTO: EU Commissioner Financial Services, Stability and the Capital Markets Union Mairead McGuinness speaks at a news conference on the fostering the openness, strength and resilience of Europe's economic and financial system in Brussels, Belgium January 19, 2021 at the European Union headquarters. Kenzo Tribouillard/Pool via REUTERS

DUBLIN - The European Union’s finance chief said Britain’s decision to make unilateral changes to Northern Irish Brexit arrangements raised questions over whether it can be trusted in future trade negotiations with any partner. “It does open a question mark about global Britain, if this is how global Britain will negotiate with other partners. Our experience has been not an easy one to put it mildly,” Mairead McGuinness, who is negotiating post-Brexit financial services terms with Britain, told Irish broadcaster RTE on Thursday.

“We have to be very clear that when something happens that is not appropriate and indeed in our view breaches both trust and an international agreement, then we have to call it out. It wasn’t a good day yesterday but this morning we have to work for practical solutions, with the UK, not separately.”

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A breach of trust was the EU invoking Article 16 (‘by mistake’) without informing anyone at all...

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