EU's Tusk: Must prepare for a no-deal scenario, which is more likely than ever before
|Below are key takeaways from the invitation letter by European Council President Donald Tusk to the members of the European Council ahead of their meetings on 17 and 18 October 2018.
- The European Council will start on Wednesday evening with a debate on Brexit.
- As things stand today, it has proven to be more complicated than some may have expected.
- We should nevertheless remain hopeful and determined, as there is good will to continue these talks on both sides.
- We must prepare the EU for a no-deal scenario, which is more likely than ever before.
- The fact that we are preparing for a no-deal scenario must not, under any circumstances, lead us away from making every effort to reach the best agreement possible, for all sides.
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.