EU getting testy as risk of no-deal Brexit is ‘very real’

Stasbourg — An accord to ensure a smooth British exit from the EU is still possible but the risk of a no-deal is also “very real”, European Commission president Jean-Claude Juncker said on Wednesday, six weeks before Britain is due to leave.

Such a sharp break in economic ties, ending four decades of EU membership, “might be the UK’s choice, but never the choice of the EU”, Juncker said, highlighting how the bloc wants to avoid blame if Britain crashes out. His pessimistic tone was echoed by Finland’s minister for European affairs, Tytti Tuppurainen, who also spoke in parliament, saying a no-deal Brexit “is a quite likely outcome”. Finland holds the EU’s rotating presidency.However, many EU law makers warned against a no-deal exit, both to avoid an economic shock and because they do not want to see Britain abandon its commitments to EU social and environmental standards and become a low-tax, low-regulation rival.

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