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    HomeLive CommentsEU: No-deal Brexit is now a likely scenario on April 12

    EU: No-deal Brexit is now a likely scenario on April 12

    ActionForex
    By ActionForex

    After UK Prime Minister Theresa May’s Brexit Withdrawal Agreement was rejected by the House once again, European Commission issued a swift statement noting that no-deal Brexit is now a likely scenario on April 12.

    It noted: No-deal” scenario on 12 April is now a likely scenario. The EU has been preparing for this since 12/2017. Now fully prepared. We will remain united. Benefits of WA, including transition period, will not be replicated in “no-deal” scenario. Sectoral mini-deals are not an option.

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