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EU Would Prefer A Brexit Deal But Ready For No deal, says Breton

The European Union would prefer to have a Brexit deal, but it is ready in case no agreement can be reached, the Commissioner for the EU’s single market, Thierry Breton, told BFM business radio on Tuesday.

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Britain, the world’s sixth-biggest economy, left the EU in January and has since been locked in painstaking talks with the world’s largest trading bloc to keep trade flowing freely.

EU leaders are holding a summit in Brussels on Thursday and Friday to assess progress, and British Prime Minister Boris Johnson has said he wants to know by Oct. 15 if a deal can be reached.

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“We prefer a deal but not at any price and if there is no deal, we are ready,” Breton said.

“Our customs are ready for a no-deal and it is urgent that British customs also prepare for it,” he added.

Reuters

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