UK Prime Minister Theresa May sets out Transition Plan in Bid to unlock Brexit Talks

FLORENCE, Italy: Prime Minister Theresa May set out a plan on Friday to retain full access to the EU’s single market for two years after Brexit to try to reassure business and reset the tone of stalled negotiations with Brussels.

But her proposals for such a transition, while meeting Britain’s financial obligations and protecting EU citizens’ rights, fell short of what the EU wanted. One official said the speech had left him “even more concerned”.

In a speech in a 14th century church in Florence, Italy, May appealed directly to EU leaders to unlock the talks that have stalled over a series of issues, including over how much Britain should pay as part of its divorce settlement.

Read Full News: http://timesofindia.indiatimes.com/world/uk/uk-prime-minister-theresa-may-sets-out-transition-plan-in-bid-to-unlock-brexit-talks/articleshow/60798737.cms

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