UK Brexit Sec. Barclay: A responsible government has to mitigate a no deal Brexit

Eren Sengezer FXStreet

Additional comments from British Brexit Secretary Barclay continue to cross the wires with key quotes, via Reuters, found below.

In a no deal scenario EU commission says it doesn't want side deals.
In a possible no deal scenario there has been support from some parts of Europe for side deal on citizens rights.
There is an underappreciation that no deal can still happen.
There is no automatic right of extension.
When asked if he can absolutely say that no deal Brexit will not happen, says no.
In a choice between no deal and revoke, my personal position would be to prepare for no deal.
A responsible government has to mitigate a no deal Brexit.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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