No-deal Brexit would be ‘disaster’ warns EU business lobby


BRUSSELS, Sept 16, 2019 (BSS/AFP) – A shock exit by Britain from the EU
without an agreement would be “a disaster”, the European employers’
organisation, Business Europe, warned on Monday.

One of the EU’s most powerful lobbies, Business Europe issued the warning
just hours before British Prime Minister Boris Johnson is scheduled to meet
European Commission President Jean-Claude Juncker in Luxembourg.

Both sides are under intense pressure to mend fences just a month and a
half before the Britain’s scheduled departure on October 31.

But Johnson, unlike his predecessor Theresa May, has said he is determined
that the United Kingdom will leave the EU on October 31, with or without

“No deal is a recipe for disaster and should be definitely ruled out. A
disorderly, no deal exit of the UK would be extremely harmful for all sides,”
said Markus J. Beyrer, CEO of Business Europe in a statement.

Johnson on Friday said he was “cautiously optimistic” before his meeting
with Juncker, the first with the EU executive chief since he came to power at
the end of July.

A two-day European summit is scheduled to be held on October 17 in
Brussels, which could be the last chance for an agreement between the two

“We urge both sides to undertake all reasonable efforts and engage in
constructive dialogue to avoid no-deal,” Beyer said.

“In this context, we expect the UK government is able to bring viable
options to the table as a matter of urgency,” he added.