EU to unveil Brexit talks strategy
The President of the European Council Donald Tusk delivers a speech during the European People's party congress (EPP) on March 30, 2017 in St Julian's Malta. / AFP / AFP / Matthew Mirabelli / Matthew Mirabelli
Inga Beale
Michel Barnier
London-based European Banking Authority
The European Union is set to reveal Friday its negotiating plan for Brexit, two days after British Prime Minister Theresa May launched the two-year countdown to divorce.
EU president Donald Tusk will issue draft guidelines setting out the political priorities of the remaining 27 countries for what promise to be difficult talks to sever Britain from the European bloc.
The EU 27 will adopt the guidelines at a special summit on April 29 .
In the first signs of a business fall-out since May's Brexit notification, the prestigious Lloyd's of London insurance market said it would open a new Brussels subsidiary to ensure smooth operations in the EU.
Britain has meanwhile started laying plans for the daunting task of bringing thousands of items of EU regulation into British law on the day that Britain leaves the EU.