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EU’s Tusk Tells May He Wants ‘Velvet Divorce’ After Brexit Vote

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European Council head Donald Tusk told Britain’s Prime Minister Theresay May on Tuesday that he hoped to bring about a “velvet divorce” after Britain’s historic vote last month to leave the European Union.

“Told PM @Theresa_May today that we need an orderly, calm #Brexit, something like a ‘velvet divorce’,” Tusk wrote on Twitter after talking on the phone with the new British leader.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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