EU pressures Cameron to expedite Brexit
European Parliament wants immediate activation of Article 50
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SHELL-SHOCKED European leaders put the screws on British Prime Minister David Cameron at a summit on Tuesday to expedite Britain's EU exit after its decision to leave rocked global markets and shook the very foundations of the bloc. The European Parliament in a resolution approved by Members of the European Parliament (MEPs) at an emergency session on Tuesday urged Britain to immediately trigger the divorce process, starting with an immediate activation of Article 50.
Piling on the pressure, Standard & Poor's stripped Britain late on Monday of its top-notch debt rating following last Thursday's "Brexit" referendum. Even England's footballers could not lift the mood, crashing out of Euro 2016 at the hands of minnows Iceland.
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