“There is still a risk of no-deal Brexit despite delay” says EU’s Juncker

The bloc’s chief executive said on Saturday that there is a still a concern that Britain may leave the European Union without a deal to smooth the way. He urged Britain to take advantage of a six-month delay to work out the details of its departure.

A week after EU leaders gave Britain six months more to exit the EU, Jean-Claude Juncker, the European Commission President had said this to the German newspaper FUNKE Mediengruppe.

Juncker mentioning the long-term negative impact on Europe’s economy said, “Nobody knows how Brexit will end. This is creating great uncertainty. There is still a fear that there will be a hard Brexit without any withdrawal treaty arrangements”.

The EU extension helps in giving a clarity on when, how or even if Brexit will happen. But, the time should be wisely used by Britain, said Juncker.

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