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5 Dec 2017
Leader of the Democratic Unionist Party (DUP) the UK was going to be a problem - UOB
Analysts at UOB explained that UK PM Theresa May’s lunch with European Commission President Jean-Claude Juncker on Monday (4 Dec) failed to achieve a breakthrough for a Brexit deal due to a last minute opposition over the Irish border.
Key Quotes:
"According to Bloomberg report (4 Dec), the lunch meeting was interrupted by a phone call between May and Arlene Foster -- the leader of the Democratic Unionist Party (DUP) - which insisted that any proposal that would apply to Northern Ireland and not the rest of the UK was going to be a problem.
After the call, Juncker emerged to deliver a two-minute statement saying “it was not possible to reach a complete agreement today.”