The EU must prepare for a no-deal Brexit: Michel Barnier

While Michel Barnier garbed the warning saying the EU must be ready for any eventuality, it comes in the wake of British Prime Minister Theresa May saying a no-deal “wouldn’t be the end of the world”. Although her comments were aimed at distancing herself from the Treasury’s downbeat forecast, the warning underscores that much work is still pending and that negotiations could drag on upto November since much still remains unresolved.

On Thursday, Michel Barnier, the European Union’s chief Brexit negotiator stated, the bloc must prepare for a no-deal even if Britain’s goal was an orderly exit.

The EU should be well prepared for any eventuality, said Barnier to German broadcaster Deutschlandfunk, “That includes the no-deal scenario.”

He went on to add, the Irish border with Northern Ireland remains to be “the most sensitive point” in negotiations.

As to a potential solution to this issue he said, “I think that is possible.”


Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy, Sustainability

Tags: , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: