European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs.
In a twist that surprised some, the Treasury Department is signaling its intent to sign a bilateral agreement between the United States and the European Union.
Showing frustration with what Europeans consider British grandstanding and impatience with a dearth of clear proposals, the EU’s Michel Barnier said Britain needs to make “sufficient progress” on all the initial issues — citizens’ rights.
Citizens’ rights in each other’s nations are considered the first issue that both sides must settle.
Many details have not yet been worked out and further negotiations are expected.
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