Eu trade talks/covid-19

Whatever your political persuasion, defend your corner here. All we ask is that you voice YOUR opinion, rather than just post a link to a half-hour youtube video. Politics can get a bit lively, and if you prefer a less combative debate, please post in the Politics for Moderates section instead.
Post Reply
Les Bean
Posts: 382
Joined: Thu Dec 06, 2018 8:43 pm

Eu trade talks/covid-19

Post by Les Bean » Mon Mar 16, 2020 9:55 am

With the news almost exclusively confined to the virus crisis, I've seen no mention of this anywhere. Are they to be postponed? I assume they are not now top priority with any of the participants, and almost certainly make Boris' aim of a result by year's end impossible

Termites Dream
Posts: 512
Joined: Fri Dec 30, 2016 4:59 pm

Re: Eu trade talks/covid-19

Post by Termites Dream » Mon Mar 16, 2020 10:38 am

My understanding was that there would be a tele-conference but you have to say that most nations heads of state are bit busy at present as you point out. We will have to wait and see what comes next.

User avatar
Happy in Cyprus
Posts: 4742
Joined: Sun Jan 01, 2017 10:08 am
Location: Ha Potami, Kouklia
Contact:

Re: Eu trade talks/covid-19

Post by Happy in Cyprus » Mon Mar 16, 2020 11:53 am

So on top of the outlandishly spendthrift budget which will cause UK borrowing to soar stratospherically, the UK will now have to contend with a Brexit in which negotiations have not even begun, plus the multi-billion cost of tackling Covid-19.

I would put zero chance on Trump coming to the UK's aid in the Brexit fallout. Little wonder Sterling is plummeting daily, back down to 1.09 as I write.

outasite
Posts: 171
Joined: Wed Dec 28, 2016 6:21 pm

Re: Eu trade talks/covid-19

Post by outasite » Wed Mar 18, 2020 12:27 pm

Happy in Cyprus wrote:
Mon Mar 16, 2020 11:53 am
So on top of the outlandishly spendthrift budget which will cause UK borrowing to soar stratospherically, the UK will now have to contend with a Brexit in which negotiations have not even begun, plus the multi-billion cost of tackling Covid-19.

I would put zero chance on Trump coming to the UK's aid in the Brexit fallout. Little wonder Sterling is plummeting daily, back down to 1.09 as I write.
Let's not forget, while you are knocking the UK as usual, that a hefty lump of the budget will be covered by the savings we will be enjoying due to non membership of your beloved EU. The same EU that rides roughshod over Cyprus, amongst others. And Mr Johnson has told the EU that there will be no extension to us finally leaving on December 31st this year. I wonder how much the EU will pillage from the likes of Cyprus when they finally realise the money is no longer available from the UK. of course when I say EU, I mean Germany and France.

Jim B
Posts: 1597
Joined: Wed Dec 28, 2016 5:42 am

Re: Eu trade talks/covid-19

Post by Jim B » Wed Mar 18, 2020 2:52 pm

Outasite
Mathematics isn't your strong point is It?

Jim

User avatar
Dominic
Site Admin
Posts: 9373
Joined: Wed Dec 28, 2016 5:00 pm
Location: Polemi
Contact:

Re: Eu trade talks/covid-19

Post by Dominic » Wed Mar 18, 2020 5:23 pm

Yay! You know things are calming down a bit when the conversation returns to Brexit.

Anybody looked at the Exchange Rate recently? Yoinks!
Web Designer / Developer. Currently working on Paphos Life.
Living in Polemi, Cyprus with my wife and daughter.

Les Bean
Posts: 382
Joined: Thu Dec 06, 2018 8:43 pm

Re: Eu trade talks/covid-19

Post by Les Bean » Wed Mar 18, 2020 6:13 pm

The last paragraph echoes my original question
https://www.bbc.com/news/business-51942104

User avatar
Jimgward
Posts: 2429
Joined: Fri Dec 30, 2016 8:14 pm
Location: Lanark
Contact:

Re: Eu trade talks/covid-19

Post by Jimgward » Wed Mar 18, 2020 9:02 pm

Les Bean wrote:
Mon Mar 16, 2020 9:55 am
With the news almost exclusively confined to the virus crisis, I've seen no mention of this anywhere. Are they to be postponed? I assume they are not now top priority with any of the participants, and almost certainly make Boris' aim of a result by year's end impossible
There never was any intention on the UK side for any deal

User avatar
Jimgward
Posts: 2429
Joined: Fri Dec 30, 2016 8:14 pm
Location: Lanark
Contact:

Re: Eu trade talks/covid-19

Post by Jimgward » Wed Mar 18, 2020 9:06 pm

Happy in Cyprus wrote:
Mon Mar 16, 2020 11:53 am
So on top of the outlandishly spendthrift budget which will cause UK borrowing to soar stratospherically, the UK will now have to contend with a Brexit in which negotiations have not even begun, plus the multi-billion cost of tackling Covid-19.

I would put zero chance on Trump coming to the UK's aid in the Brexit fallout. Little wonder Sterling is plummeting daily, back down to 1.09 as I write.
The Government ‘bail-out’ of business and individuals is an absolute joke. Mortgage ‘holidays’ of 3 months, simply means 3 months + interest added at end of term - so about 5 months cost, to everyone. The £300bn for ‘loans’ to businesses, is simply an insurance policy underwriting loans from banks to businesses, so the banks share the risk. It isn’t cash.
The ‘grants’ are to be offered through councils - wait for them to contact you - most businesses will be bust by then and it’s only £3k - £10k maximum.

NO support for rentals. NO payments to self-employed. No sickness support to individuals. Shambles.

Les Bean
Posts: 382
Joined: Thu Dec 06, 2018 8:43 pm

Re: Eu trade talks/covid-19

Post by Les Bean » Wed Mar 18, 2020 9:20 pm

Jimgward wrote:
Wed Mar 18, 2020 9:02 pm
Les Bean wrote:
Mon Mar 16, 2020 9:55 am
With the news almost exclusively confined to the virus crisis, I've seen no mention of this anywhere. Are they to be postponed? I assume they are not now top priority with any of the participants, and almost certainly make Boris' aim of a result by year's end impossible
There never was any intention on the UK side for any deal
Absolutely,notice I used "result" 😂

User avatar
Happy in Cyprus
Posts: 4742
Joined: Sun Jan 01, 2017 10:08 am
Location: Ha Potami, Kouklia
Contact:

Re: Eu trade talks/covid-19

Post by Happy in Cyprus » Thu Mar 19, 2020 3:07 am

outasite wrote:
Wed Mar 18, 2020 12:27 pm
The same EU that rides roughshod over Cyprus, amongst others.

Ah, you must be talking about 2013, the time when the EU came to Cyprus's aid with a bailout...and made sure it didn't fall of the cliff into bankruptcy. The same EU which sent experts in to make Cyprus change the way it works and sharpen up it's governance, so that the same risk of insolvency didn't arise in future. The same EU which baled out Greece too.

As well as mathematics not being a strong point, you clearly have a shocking memory.

Sterling at €1.06 sinking, while the Euro remains strong and supported, suggests those in the know have an inkling as to who is likely to sink and swim.

Just been over to the BBC website, where this para. contradicts your confidence in the UK's ability to pay it's way: https://www.bbc.com/news/business-51921922

Then there is Brexit. The UK has the extra economic challenge of dealing with a fundamental change to trading arrangements with the EU, perhaps on WTO tariffs, in the middle of this pandemic.

It is a very rough market out there, with some markets a little dysfunctional as traders are isolated away from their trading floors. But the UK is being singled out for especially tough treatment.

Jim B
Posts: 1597
Joined: Wed Dec 28, 2016 5:42 am

Re: Eu trade talks/covid-19

Post by Jim B » Thu Mar 19, 2020 7:59 am

Lloyd
It's that old adage, "There's none so blind as those who will not see".

Jim

User avatar
Jimgward
Posts: 2429
Joined: Fri Dec 30, 2016 8:14 pm
Location: Lanark
Contact:

Re: Eu trade talks/covid-19

Post by Jimgward » Thu Mar 19, 2020 12:06 pm

As a business owner in the UK, I am disgusted by the UK's approach and lack of help for businesses. Thousands will goo bust and millions unemployed. But Boris's cronies will scavenge the remnants and make themselves money. Call me a cynic, I am, as I'm long enough ion the tooth and smart enough to see it all happening and their discussing treatment of individuals and businesses. We aren't bankers... so why help us?

Varky
Posts: 957
Joined: Sat Mar 25, 2017 11:44 am
Location: Anarita

Re: Eu trade talks/covid-19

Post by Varky » Thu Mar 19, 2020 12:40 pm

As an aside, just heard that Michel Barnier has tested positive for coronavirus.

Jim B
Posts: 1597
Joined: Wed Dec 28, 2016 5:42 am

Re: Eu trade talks/covid-19

Post by Jim B » Fri Mar 27, 2020 7:27 am

I see this government have given Dyson who make vacuum cleaners and JCB who make excavators contracts to manufacture ventilators and ignore companies who actually make ventilators. Is it because the two companies sponsored Brexit? They don't miss a trick to feather their own nests do they?

Jim

Les Bean
Posts: 382
Joined: Thu Dec 06, 2018 8:43 pm

Re: Eu trade talks/covid-19

Post by Les Bean » Fri Mar 27, 2020 10:08 am

Jim B wrote:
Fri Mar 27, 2020 7:27 am
I see this government have given Dyson who make vacuum cleaners and JCB who make excavators contracts to manufacture ventilators and ignore companies who actually make ventilators. Is it because the two companies sponsored Brexit? They don't miss a trick to feather their own nests do they?

Jim
They also didn't take up the EU's offer to join in their communal effort to get the maximum number of ventilators in the quickest time at the best price.Originally because"we are no longer in the eu",but when questioned changed to "communication breakdown". So now one of their suppliers is from a guy who sells hairdryers at £400

User avatar
Diocletian
Posts: 65
Joined: Thu Jan 02, 2020 4:08 pm
Location: Neo Chorio.
Contact:

Re: Eu trade talks/covid-19

Post by Diocletian » Sun Mar 29, 2020 4:30 pm

As far as I am aware the talks have been ongoing via video with up to eleven separate groups of negotiating teams and several proposals tabled. The one is a framework for disputes arising from a free trade deal but the sticking point is the EU insisting that the European Court has the final say, which is obviously not appealing to the UK Government. There was a plethora of reports about it the other day.

I would however suggest that the response of the EU as a whole to the pandemic and the deafening silence of its Health Commissioner plus its complete inability to assist in any way with the collapse of Spain and Italy. That its days are numbered post pandemic. Even the French deputy FM has questioned its existence post pandemic stating that it only seems to be interested when the economies are trundling along.

User avatar
Devil
Posts: 1473
Joined: Wed Dec 28, 2016 8:34 am
Location: Mosfiloti

Re: Eu trade talks/covid-19

Post by Devil » Sun Mar 29, 2020 6:09 pm

All you amateur economists make me laugh. I am as much an amateur as the best of you, but at least I don't stick my neck out and make predictions how it is going to end or when it is going to end. What I do see is that my savings have taken a big bump downwards but I also know that if I sit tight, everything will come right in the end, even if it takes several years.

User avatar
Dominic
Site Admin
Posts: 9373
Joined: Wed Dec 28, 2016 5:00 pm
Location: Polemi
Contact:

Re: Eu trade talks/covid-19

Post by Dominic » Sun Mar 29, 2020 7:03 pm

True dat
Web Designer / Developer. Currently working on Paphos Life.
Living in Polemi, Cyprus with my wife and daughter.

Firefly
Posts: 1921
Joined: Wed Dec 28, 2016 2:08 pm
Location: Hereford UK

Re: Eu trade talks/covid-19

Post by Firefly » Mon Mar 30, 2020 5:34 pm

What measures are in place in Cyprus to protect businesses and the self employed ?
It's not the size of the dog in the fight, it's the size of the fight in the dog.

Post Reply