EU officials warned to prepare for no-deal Brexit

Image
AFP Brussels
Last Updated : Oct 10 2018 | 4:20 PM IST

Top EU officials were warned Wednesday to make plans to cope with the fallout from a "no-deal" Brexit as their chief negotiator said talks with Britain must make more progress before next week's crunch summit.

EU Brexit pointman Michel Barnier and Martin Selmayr, the powerful head of the EU Commission's bureaucracy, briefed commissioners on progress just a week before the October 18 meeting that has been dubbed a "moment of truth." According to spokesman Margaritis Schinas, Barnier "recalled that decisive progress must be made in time for the October European Council next week and negotiations at technical level will continue this week."
Selmayr meanwhile "provided a brief update on the state of play of the Commission preparedness work and recalled the importance for all stakeholders to prepare for all outcomes and at all levels."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 10 2018 | 4:20 PM IST

Next Story