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German EU commissioner doubts Brexit will happen

Oettinger told Germany’s daily Bild that he insincere June’s referendum outcome in foster of Britain exiting a EU was “binding”.

“But it is probable that open opinion will tip if a mercantile situation in a arise of a Brexit opinion worsens,” pronounced Oettinger, who is Digital Economy Commissioner.

“In any case, we wouldn’t place any vital bets on Brexit.”

Oettinger likely that a longer a British supervision waited to trigger Article 50 of a EU’s Lisbon Treaty – a authorised routine for leaving the confederation – “the some-more uncertain a conditions will turn – economically and politically”.

Once Article 50 is triggered, it would start a two-year countdown to Britain’s exit from a European Union.

Prime Minister Theresa May has pronounced it will not be enacted this year, the government wanting time to figure Britain’s exit objectives first.

German Chancellor Angela Merkel has called for giving London a time it needs to tract a approach brazen and has refused to enter into preliminary negotiations before Article 50 is activated.

Article source: http://www.thelocal.de/20160830/germanys-eu-commissioner-doubts-brexit-will-happen-eu-referendum