Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Yes, devaluation s a sensible policy from the UK point of view, but from an Irish/EU perspective it risks devastating industries dependent on exporting to the UK or competing with UK exports in EU markets in a customs & tariff free environment. Tariffs, whether WTO or otherwise, cannot come quickly enough if they are to survive in an environment where UK goods suddenly have a 30% cost advantage. Another reason why an A50 extension is unlikely.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Aug 21st, 2017 at 05:07:08 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Does anyone care?

by Frank Schnittger - Oct 10
64 comments

The Blame Game

by Frank Schnittger - Oct 8
67 comments

EU-UK Relations: Trading Blows

by Oui - Oct 8
17 comments

John Major's Encore

by ARGeezer - Sep 27
29 comments

Scamming the peace

by Frank Schnittger - Oct 2
23 comments

Wrightbus goes wrong

by Frank Schnittger - Sep 26
26 comments

Occasional Series