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EU officials warned to prepare for no-deal Brexit

AFP  |  Brussels 

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

EU pointman and Martin Selmayr, the 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 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."

Selmayr, of the European Commission, has been tasked with coordinating preparedness to protect the EU from economic if Britain leaves the bloc on March 29 next year without a divorce deal in place.

Barnier is attempting to negotiate such a deal, but time is running out and EU leaders have made it clear that they expect Britain's to come up with a way to unblock talks before next week.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 16:20 IST