EU’s Moscovici optimistic Britain won’t crash out of EU on April 12

FAN Editor
European Economic and Financial Affairs Commissioner Pierre Moscovici speaks during a news conference in Bucharest
FILE PHOTO – European Economic and Financial Affairs Commissioner Pierre Moscovici speaks at a news conference during the eurozone finance ministers and central bank governors meeting in Bucharest, Romania, April 5, 2019. Inquam Photos/Octav Ganea via REUTERS

April 8, 2019

PARIS (Reuters) – European Tax Commissioner Pierre Moscovici on Monday said he was convinced Britain would not crash out of the EU on April 12 without a divorce deal, though Prime Minister Theresa May must first persuade leaders a delay would be useful.

“The British parliament doesn’t want no-deal. We don’t want it, it’s the worst outcome for the economy, Moscovici told Franceinfo radio in an interview. “Of course, we’re ready for it if it happens.”

French President Emmanuel Macron has led calls for strict conditions to be imposed on Britain in return for any Brexit delay.

(Reporting by Richard Lough; Editing by Sudip Kar-Gupta)

Free America Network Articles

Leave a Reply

Next Post

UK faces Brexit reckoning with no-deal deadline just days away

The U.K.’s political future looks as uncertain as ever this week with cross-party talks over Brexit still bearing no compromise ahead of crucial decisions that need to be made. Meanwhile on the continent, all eyes are on EU leaders who will meet Wednesday and must decide whether to grant the […]