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EU threatens NO SOFT LANDING for Britain after no-deal Brexit – ‘not be on good terms’

The British Government is living in a “fantasy land” if it believes it can leave on good terms with the European Union in the event of Brexit, EU officials and diplomats have said.

Separate sources in the European Union and a leading EU capital have warned about expectations of a “no deal, deal” and the ramifications for the UK if it pulled out of the EU without settling its divorce bill.European officials have said if the UK exits the EU without a deal – leaving an immediate €20 billion black hole in the EU’s seven-year budget framework – there will be no appetite to help engineer a soft landing for the UK.A senior EU diplomat connected with the Brexit negotiations old The Daily Telegraph: “This is pure fantasy, the idea of a ‘no deal deal’ completely fails to understand the EU, or the fury that would result if the British leave without paying their bills.

“At that point, the EU wouldn’t be looking to make a parachute for the UK, it will only be working out how to cut strings.”

Jean-Claude Juncker and Theresa MayGETTY•REUTERS

EU officials have said the government is living in a ‘fantasy land’


A second Brussels-based source was equally clear. “If things go really sour the 27 will be in no mood to try to collate a number of last-minute mini emergency deals for ‘free’. We’ll be busy enough trying to sort out the budget fallout.”The new tough line taken by the EU raises queries regarding the assurances given by Brexit Secretary David Davis to the House of Lords EU Select Committee this week that in the “very, very improbable” event that a deal proved beyond the two sides, worst-case scenarios would be averted.He said: “Whatever happens we will have a basic deal without the bits we really want.”

The UK contributes around €10bn a year to the EU’s annual budget, if that sum was continued, Prime Minister Theresa May would have to find another €20bn to ensure the sort of “basic” Brexit deal envisioned by Mr Davis.

Mrs May has so far pledged that the UK will pay its dues in 2019 and 2020 in order to secure a transition and future trade deal.But equally it is unsure if the EU, who could demand around €60bn or even more to settle the UK’s accounts, would accept €20bn for a ‘basic’ Brexit.The warnings from Europe also cast doubt over the scenario-planning at the Department for Exiting the European Union which Whitehall sources have said are based on the idea of both a “managed” and an “unmanaged” no-deal.

Theresa MayReuteres

Prime Minister Theresa May


EU head Jean-Claude JunckerEPA

European Commission President Jean-Claude Juncker


In the “unmanaged” scenario, recently described as a “bad-tempered” Brexit by Chancellor Philip Hammond, the UK would crash out of the EU with no deal whatsoever, causing significant initial disruption over trade, aviation, data-sharing.EU sources said that in such an eventuality, only a deal to secure the rights of EU citizens stranded on either side of the Channel – perhaps based initially on unilateral pledges from the EU and the British government – would be likely.However, given the scale of likely chaos, the UK therefore envisages a “managed” no-deal scenario, in which the government believes it would strike a number of quick deals to mitigate the worst impacts of leaving without a trade deal.

https://www.express.co.uk/news/politics/875491/Brexit-news-EU-UK-fantasy-land-no-deal-divorce-bill

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