[Published: Monday June 27 2016]
Germany rules out informal Brexit negotiations
BERLIN, 27 Jun - (ANA) - There can be no talks on Brexit before the UK formally begins the process to quit the EU, Germany's government says. The UK would be given a "reasonable amount of time", but there must be no impasse, a spokesman said. The leaders of Germany, France and Italy meet later in Berlin, with the speed of negotiations for Britain's exit high on the agenda. UK Finance Minister George Osborne has issued a statement to try to calm markets, amid continuing volatility. UK shares have remained uneasy in the wake of the vote, although Mr Osborne's statement appeared to have helped lessen further big falls in stocks and the pound. Last Thursday, Britain voted by 52% to 48% to leave the EU. (ANA)
FA/ANA/27 June 2016---------
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