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EU Warns Of Short No-Deal Period Even If Trade Agreement Is Reached

The European Union says there could be a short no-deal period in January - even if a Brexit trade de...
Niall Colbert
Niall Colbert

1:36 PM - 14 Dec 2020



EU Warns Of Short No-Deal Peri...

News

EU Warns Of Short No-Deal Period Even If Trade Agreement Is Reached

Niall Colbert
Niall Colbert

1:36 PM - 14 Dec 2020



The European Union says there could be a short no-deal period in January - even if a Brexit trade deal is reached.

The EU's chief negotiator, Michel Barnier, updated member states this morning, as talks continue with the UK.

A short extension of the transition period, possibly lasting two or three months, was another option discussed.

Both sides are running out of time to implement a deal by December 31st - with fisheries and the level playing field the sticking points to a deal being reached.

Mr Barnier has also said it is the EU's responsibility to give the talks every chance of success.

He says there has never been such a comprehensive agreement negotiated in such little time.



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