Monday, June 27, 2016

Osborne: no hurry, we will emerge when we are ready – TG La7

A brief press conference, when it was not yet 7 am. The British Finance Minister George Osborne, one of the favorites to succeed the prime minister David Cameron, spoke for the first time publicly and put the point on the fears of after voting in Britain. Message that tries to calm the financial markets and the constant thud of sterling and which in summary says: do not be afraid, do not turn our backs to the European Union, the time and exit ways we decide them because “the UK will have to take Article 50 of the Lisbon Treaty, which puts at the start the two-year process of the EU output, only when a new prime Minister has called “a clear vision of what new’ll hold agreements with our European neighbors.” in short, long times. the British economy “is strong in its fundamentals, we are highly competitive and we are open for business.” “following Thursday’s decision, some companies are continuing to suspend their decisions on investment and hiring,” he said Minister of Economy, “as I said before the referendum, there will be an impact on the economy and public finances and will need to take action to address it. Let no one doubt our determination to maintain fiscal stability that we have secured in this country. “

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