EU's Barnier Doesn't Exclude Another Brexit Delay

EU's Barnier Doesn't Exclude Another Brexit Delay

(Bloomberg) -- Michel Barnier, the European Union’s chief Brexit negotiator, said he doesn’t exclude a delay to the date Britain leaves the bloc though the decision would require unanimity among the European heads of government who “will ask what for and for how long.”

Asked on Europe1 radio about the chances of a so-called Hard Brexit, Barnier said “today I am more worried than before, but I think there is still a chance to save this accord.”

Barnier called Brexit a “lose-lose”’ situation for both sides. “Theresa May has to get a majority to approve this accord,” he said. “That’s the condition to go further. The separation has to be orderly so that we can move on to the more important task of defining our future relationship.”

NOTE: EU Is Said to Expect May to Request Three-Month Delay to Brexit

©2019 Bloomberg L.P.

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