The EU’s chief negotiator, Michel Barnier, says he’s planning for the potential collapse of Brexit negotiations with the UK.
Mr Barnier was speaking to French newspaper Le Journal du Dimanche days after giving the UK a two-week deadline to make clear key points.
Failing to achieve an settlement was not his most popular possibility, he harbaded.
The UK’s Brexit Secretary David Davis has stated it’s time for either side “to work to find solutions”.
On Friday, Mr Davis insisted good progress was being made throughout the board, and that the negotiations had narrowed to a “few outstanding, albeit important, issues”.
Discussing the chance of the talks collapsing, Mr Barnier stated: “It’s not my possibility, however it’s a chance. Everyone must plan for it, member states and companies alike. We too are making ready for it technically.
“A failure of the negotiations would have penalties on a number of domains.”
Mr Barnier has requested the UK to make clear its stance on its monetary obligations to the EU if future commerce talks are to go forward in December.
But Mr Davis has made conflicting remarks, suggesting the UK wouldn’t have to present a determine for a monetary settlement earlier than it may transfer on to talks a couple of future buying and selling relationship.
Speaking to Sky News on Sunday, he stated: “In each negotiation, all sides tries to manage the timetable. The actual deadline on that is, in fact, December.”
Mr Davis was referring to the following EU summit which can happen in Brussels in December.
He stated British taxpayers “would not want me to just come along and just give away billions of pounds”.
He added: “We’ve been very, very careful, and it’s taking time and we will take our time to get to the right answer.”
His feedback adopted a sixth spherical of talks between Mr Davis and Mr Barnier in Brussels.
Speaking after the talks on Friday, Mr Davis stated any answer for the Irish border couldn’t be on the expense of the constitutional integrity of the UK.