Friday, August 14, 2020

Paris refuses to give in to “pressure” and does not rule out “no deal”

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We will not give in to this kind of calendar pressure, to this final sprint that the British want to impose on us, hoping that we will give in “, declared this Friday, June 19 on Europe 1 Amélie de Montchalin. The Secretary of State to the Minister for Europe and Foreign Affairs, in charge of European Affairs, does not rule out the possibility of “no deal“which would be more penalizing for the British than for the Europeans. “We don’t want an agreement for an agreement, we want an agreement but we want a balanced agreement, a good agreement, a protective agreement”, assured the minister.

The day before, British Prime Minister Boris Johnson had told French President Emmanuel Macron, during a bilateral meeting in London, that he did not wish to extend the negotiations in the fall.

Read also: Brexit: London does not want to extend the transition period with the EU

The UK officially left the European Union on January 31, 2020 but remains subject to EU rules for a transition period that runs until the end of the year, while the two parties agree on their relationship. future and avoid the “jump into the void“a brutal Brexit. But negotiations are stalling, especially with regard to compliance with the rules of free competition and the fishing sector.

Across the Channel, British banks have already been warned about the possibility of a no-deal exit. Early June, the Bank of England warned in a statement that this exit was “one of the many possibilities that UK banks need to prepare for“.

Friday, June 12, Michael Gove, Minister responsible for Brexit, had already refused an extension of the transition period beyond December 31, while the Europeans would have liked an extension of it by one or two years. The final departure and the negotiation cycles, already four between the United Kingdom and the EU, are therefore likely to experience several twists and turns.

Read also: Brexit: what are the next steps before the big departure?

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