Merkel warns EU must prepare for no-deal Brexit

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Members of the German Bundestag question German government on regular basis. style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Merkel warns EU must prepare for no-deal Brexit

By Zoe Didili
Journalist, New Europe

epaselect epa08520328 German Chancellor Angela Merkel speaks during a question and answer session of the German parliament ‘Bundestag’ in Berlin, Germany, 01 July 2020. EPA-EFE/HAYOUNG JEON EPA-EFE/HAYOUNG JEON

German Chancellor Angela Merkel speaks during a question and answer session of the German parliament 'Bundestag' in Berlin, Germany, 01 July 2020.
“I will keep pushing for a good solution, but the EU and Germany, too, must and should prepare for the case that an agreement is not reached,” she added. EU and UK kick-started on Monday five rounds of intense negotiations, in a bid to achieve a comprehensive trade deal on the limited time left, with the transition period scheduled to come to an end on December 31. “Progress in talks is, to put it cautiously, very limited,” the German leader told the Bundestag on Wednesday. The European Union must prepare for a no-deal scenario in post-Brexit talks with the EU, as the two sides have made “limited progress” in their negotiations, German Chancellor Angela Merkel has warned.   The deadlines fall within Germany’s six-month EU Council Presidency, which it assumed on Wednesday. The Union has said that October 31 is the latest date that a deal can be achieved, if the UK is to ratify the deal by the end of the year. “We have agreed with Britain to speed up the talks in order to seal a deal in the autumn that must be ratified by the end of the year,” Merkel said, noting, however, that both Germany and the EU “must be prepared … for the possibility that a deal doesn’t materialise”. Earlier in June, UK Prime Minister Boris Johnson had urged the EU to “put a tiger in the tank” of the talks, saying that he doesn’t think the two sides are actually “that far apart.”
“There is no reason why we shouldn’t get this done in July,”  the British PM had said.