EU Sends Firm Reminder Ahead Of May Brexit Speech

From marketnews.com

Headline-grabbing announcements from UK Prime Minister Theresa May won't be enough to make Brexit talks progress on their own, a senior European Union official said in Brussels Thursday, claiming official position papers would be needed as well. May will deliver a much anticipated Brexit-themed speech in Florence on Friday and many expect her to solidify the UK's current position on Brexit and, perhaps, make a financial settlement offer to the EU. However, it appears Brussels will need more than just words from May, with a more formal statement of intentions needed, according to a source close to the Brussels talks. ... (full story)