`Considerable Work to Do' in Brexit Talks: Ireland's Coveney

(Bloomberg) -- Still considerable work to do in phase one of Brexit negotiations on future of Irish border, Irish foreign minister Simon Coveney says.

  • Says difficult for U.K. to combine leaving single market, customs union, and keep “invisible” border
  • Says U.K. will have “no greater ally” than Ireland in phase two of Brexit talks
  • Favors transition period “closer to four or five years than two”
  • Says Ireland is “competitive” in bid to host EBA after Brexit
  • Comments in speech in Dublin

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