Miscellaneous Quotes from week to 9th December

Wolfgang Schaeuble – German finance minister  on Bloomberg

No reason to worry about Italy

“I don’t think there is reason to talk about a euro crisis. The Italians have a lot of experience dealing with such situations and that’s why I’m not concerned.”


Michel Barnier – the European Commission’s top Brexit negotiator on Business Insider and Reuters

Bloomberg: On Brexit

“Frankly I do not know what a hard or soft Brexit are. I can say what a Brexit is: clear, ordered, and we will work within the council’s guidelines on the content of the negotiation. We want a clear agreement, we want to reach this agreement within the limited time that we have available”

There are time frames

“Time is short. Should the UK notify the European Council by the end of March 2017 … it is safe to say negotiations could start a few weeks later and an Article 50 agreement reached by October 2018…Keep calm and negotiate”

SK Addition:

Donald Trump is happy the stock market is up

“What happens is they’re so unnerved that the stock market is at an all time record since I’ve been elected…after I won the election, you see what happened. In the history of our country, there’s never been an up this big after an election, so I don’t know how somebody says that people are unnerved, it’s just the opposite. And frankly I think we’re going to go up. We have tremendous room, tremendous margin in our country, but we have to do things right.”