EU’s Verhofstadt: No Deal Brexit For Us Is Not An Option - Reuters

Market news

7 February 2019

EU’s Verhofstadt: No Deal Brexit For Us Is Not An Option - Reuters

The European Parliament's Brexit point man, Guy Verhofstadt, said that British Prime Minister Theresa May had on Thursday reassured the European Union that there will be a backstop to prevent a hard border in Ireland in their divorce agreement.

Verhofstadt said a no-deal Brexit would spell "disaster" in both the UK and the EU and that May's cooperation with the opposition Labour party was essential to overcoming that risk.

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