EUROPEAN COMMISSION DAILY NEWS – 03 MAY

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EUROPEAN COMMISSION DAILY NEWS - 03 MAY
03 May 2017

EUROPEAN COMMISSION DAILY NEWS – 03 MAY

Brussels Daily

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European Commission takes next step in Article 50 process by recommending draft negotiating directives

The College of Commissioners has today sent a recommendation to the Council to open the Article 50 negotiations with the United Kingdom. It includes draft negotiating directives. This legal mandate follows the adoption on Saturday by the European Council of political guidelines. Today’s text complements the guidelines and provides the necessary details to conduct the first phase of the negotiations. This reflects the two-phased approach established by the European Council and prioritises those matters which are necessary to ensure an orderly withdrawal of the United Kingdom from the Union. Today’s recommendation will be sent to the Council, where it is set to be adopted by the General Affairs Council on 22 May. A full press release is available here.

Eurostat: Preliminary flash estimate for the first quarter of 2017 – GDP up by 0.5% in the euro area and by 0.4% in the EU28 – +1.7% and +1.9% respectively compared with the first quarter of 2016

Seasonally adjusted GDP rose by 0.5% in the euro area (EA19) and by 0.4% in the EU28 during the first quarter of 2017, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2016, GDP had grown by 0.5% in the euro area and by 0.6% in the EU28More information here



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