News

EU to warn business not to expect help over a no-deal Brexit – Financial Times

The Financial Times came out with a news report conveying that the EU will say do not expect any help to cushion the impact of a no-deal Brexit. Companies should "take advantage of the extra time" to prepare.

The news quoted sources saying that the commission told a closed-door meeting of national officials last week that the probability of a no-deal exit had increased given the announcements made in the Tory leadership contest.

With Theresa May’s forced exit from the PM post, the majority of the front runners are those who supported hard Brexit in the past, which in turn might have pushed the EU towards the action.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.