11 June, 2017
LONDON, June 9 Britain's inconclusive election could delay negotiations with the European Union over its exit from the bloc and throws the future path of its economic policy into doubt, ratings firms said on Friday.
"We are ready for Brexit negotiations..."
After calling a snap election in a bid to strengthen her hand, Theresa May now faces having to tear up her plans - should she cling on to power long enough to set them in motion.
With talks due to start in Brussels in ten days time, Mr Tusk said it was their "urgent task" to get on with the negotiations in "the best possible spirit".
Oettinger said, however, that there is no turning back from Britain's vote a year ago to leave the bloc.
"I assume that Britain, from what I heard from the Prime Minister today, wants to stick to its negotiating plan", Merkel told a news conference alongside President Enrique Pena Nieto. "We want to do it quickly, respecting the calendar", Merkel said during a visit to Mexico. "Right now, I don't see any obstacles for the negotiations to take place as planned".
European Union leaders fear May's shock loss of her majority in the snap British election will delay Brexit talks, and raise the risk of negotiations failing. "We know when they must end".
European Commission president Jean-Claude Juncker also said he hoped there would be no further delay to the negotiations "we are desperately waiting for".
Michel Barnier, the EU's chief Brexit negotiator, indicated on Twitter that the European Union was prepared to show some patience, making it clear that talks should not begin until the political situation had settled in the UK.
On Twitter, Siegfried Muresan, spokesman for the European Parliament's largest grouping, the European People's Party, said, "EU did not want #Brexit, but has been prepared to negotiate it since previous year".
He then posted, "Fact is, United Kingdom has no good options".