Monday, June 27, 2016

German Chancellor Angela Merkel hosted talks with French President Francois Hollande

German Chancellor Angela Merkel hosted talks with French President Francois Hollande

The European Union will not hold informal talks with the UK until it triggers Article 50 to leave, Germany, France and Italy have insisted. German Chancellor Angela Merkel hosted talks with French President Francois Hollande and Italian Prime Minister Matteo Renzi in Berlin. The leaders called for a "new impulse" to strengthen the EU. Last Thursday, British citizens voted 52-48 in favour of leaving the EU in a historic referendum. UK financial markets remain volatile in the wake of the vote, with sterling plunging to a 31-year low against the dollar, and some share trading temporarily halted. Together with the UK, Germany, France and Italy have the largest economies in the EU.

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