No-deal Brexit 'day after day more likely': EU's Barnier

News Image

MG News | April 02, 2019 at 12:48 PM GMT+05:00

0:00

April 2, 2019: The European Union's chief negotiator Michel Barnier warned Tuesday it is "day after day more likely" that Britain will crash out of the bloc without an orderly withdrawal agreement next week.

Barnier was addressing a think tank in Brussels the day after British lawmakers again failed to unite behind any alternative to the Brexit withdrawal agreement Prime Minister Theresa May signed last year.

"No deal was never our desired nor intended scenario. no deal was never my intended scenario, but the EU 27 is now prepared. It becomes day after day more likely," Barnier told the audience.

"Let's not forget first that we have already an agreement, we have already a deal, and it was concluded by Theresa May and the British government and the European Council and European Parliament on November 25 last year, four months ago," he said.

"We tried to make sure that the UK could leave the EU on March 29, just as the UK had foreseen itself... If the UK still wants to leave the EU in an orderly manner, this agreement, this treaty is and will be the only one."

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 187,832.08
767.51M
0.50%
931.34
ALLSHR 112,851.69
1,193.66M
0.62%
697.08
KSE30 57,539.97
102.71M
0.43%
247.84
KMI30 265,288.04
70.28M
0.22%
591.63
KMIALLSHR 72,445.67
875.56M
0.46%
332.73
BKTi 55,119.30
60.64M
1.38%
752.01
OGTi 38,641.51
5.08M
-0.37%
-142.27
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,745.00 77,110.00
72,170.00
-2935.00
-3.83%
BRENT CRUDE 68.05 68.76
67.71
-1.41
-2.03%
RICHARDS BAY COAL MONTHLY 90.00 0.00
0.00
-3.60
-3.85%
ROTTERDAM COAL MONTHLY 99.35 100.60
99.20
0.00
0.00%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 63.80 64.65
63.48
-1.34
-2.06%
SUGAR #11 WORLD 14.41 14.67
14.40
-0.22
-1.50%

Chart of the Day


Latest News
February 04, 2026 at 06:57 PM GMT+05:00

Pakistan gears up for third IMF review


February 04, 2026 at 06:43 PM GMT+05:00

SBP raises over Rs800bn through MTBs auction


February 04, 2026 at 06:00 PM GMT+05:00

Pakistan, Kazakhstan eye $5bn trade boost


February 04, 2026 at 05:34 PM GMT+05:00

Pakistan’s mobile sector positions for 5G opportunity


February 04, 2026 at 05:25 PM GMT+05:00

Govt engages pharmaceutical sector on policy, economic issues



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg