Tuesday, May 26, 2020 | Last Update : 03:07 AM IST

62nd Day Of Lockdown

Maharashtra50231146001635 Tamil Nadu162778324112 Gujarat140636412858 Delhi134186540261 Rajasthan70283848163 Madhya Pradesh66653408290 Uttar Pradesh62683538161 West Bengal36671339272 Andhra Pradesh2780184156 Bihar257470211 Karnataka208965442 Punjab2060189840 Telangana1854109253 Jammu and Kashmir162180921 Odisha13365507 Haryana118476516 Kerala8485206 Assam393584 Jharkhand3701484 Uttarakhand317583 Chandigarh2621794 Chhatisgarh252640 Himachal Pradesh203594 Tripura1941650 Goa66160 Puducherry41120 Manipur3220 Meghalaya14121 Arunachal Pradesh210 Mizoram110 Sikkim100

No-deal Brexit would be 'disaster' warns EU business lobby

AFP
Published : Sep 16, 2019, 12:13 pm IST
Updated : Sep 16, 2019, 12:13 pm IST

A 2-day European summit is scheduled to be held on October 17 in Brussels, which could be the last chance for agreement between two parties.

One of the EU's most powerful lobbies, Business Europe issued the warning just hours before British Prime Minister Boris Johnson is scheduled to meet European Commission President Jean-Claude Juncker in Luxembourg. (Photo: File)
 One of the EU's most powerful lobbies, Business Europe issued the warning just hours before British Prime Minister Boris Johnson is scheduled to meet European Commission President Jean-Claude Juncker in Luxembourg. (Photo: File)

Brussels: A shock exit by Britain from the EU without an agreement would be "a disaster", the European employers' organisation, Business Europe, warned on Monday.

One of the EU's most powerful lobbies, Business Europe issued the warning just hours before British Prime Minister Boris Johnson is scheduled to meet European Commission President Jean-Claude Juncker in Luxembourg. Both sides are under intense pressure to mend fences just a month and a half before the Britain's scheduled departure on October 31.

But Johnson, unlike his predecessor Theresa May, has said he is determined that the United Kingdom will leave the EU on October 31, with or without agreement. "No deal is a recipe for disaster and should be definitely ruled out. A disorderly, no deal exit of the UK would be extremely harmful for all sides," said Markus J. Beyrer, CEO of Business Europe in a statement.

Johnson on Friday said he was "cautiously optimistic" before his meeting with Juncker, the first with the EU executive chief since he came to power at the end of July.

A two-day European summit is scheduled to be held on October 17 in Brussels, which could be the last chance for an agreement between the two parties. "We urge both sides to undertake all reasonable efforts and engage in constructive dialogue to avoid no-deal," Beyer said.

"In this context, we expect the UK government is able to bring viable options to the table as a matter of urgency," he added.

Tags: brexit, eu, boris johnson
Location: Belgium, Bryssel, Bruxelles [Brussel]
ADVERTISEMENT
ADVERTISEMENT