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 167,892.20
168.30M
1.91%
3149.73
ALLSHR 100,480.81
351.26M
1.92%
1890.90
KSE30 50,493.80
76.45M
2.03%
1002.30
KMI30 241,311.16
70.38M
2.01%
4760.07
KMIALLSHR 65,250.80
202.94M
2.00%
1281.17
BKTi 46,449.23
30.24M
1.84%
840.44
OGTi 34,957.70
7.23M
2.71%
921.25
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,540.00 82,090.00
81,005.00
-405.00
-0.49%
BRENT CRUDE 108.34 109.02
107.55
-1.53
-1.39%
RICHARDS BAY COAL MONTHLY 114.00 114.00
114.00
1.30
1.15%
ROTTERDAM COAL MONTHLY 110.65 112.00
109.50
1.45
1.33%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 100.64 102.70
99.12
-1.63
-1.59%
SUGAR #11 WORLD 15.37 15.49
15.21
0.08
0.52%

Chart of the Day


Latest News
May 06, 2026 at 11:18 AM GMT+05:00

Gen Z fuels record investor boom in April 2026


May 06, 2026 at 11:04 AM GMT+05:00

Capital markets key to Pakistan’s growth strategy


May 06, 2026 at 10:16 AM GMT+05:00

Gold gains on softer dollar, falling oil


May 06, 2026 at 10:07 AM GMT+05:00

NBP issues foreign exchange rates


May 06, 2026 at 10:04 AM GMT+05:00

PUDF faces delisting deadline



Top 5 things to watch in this week

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