EU Completes no deal preparations
Brussels says it has completed its preparations for a no-deal Brexit and warned that it is increasingly likely that the UK will crash out.
In a statement released on Monday the European Commission said preparedness and contingency work, which it has been conducting since December 2017, was now finished.
The announcement comes days after EU leaders agreed to a request by Theresa May to extend the UK’s Brexit date though not by as long as she had asked for.
Article 50 has now been extended until April 12, meaning the UK will crash out without a deal if it does not pass the withdrawal agreement by then, secure a further extension, or unilaterally cancel the Brexit process.
In a statement, a spokesperson for the Commission said: “While the European Union continues to ...