Cliff-edge Brexit will hurt UK more than EU, says Von der Leyen
2019-12-19 09:09:40 source：The Guardian
December 18, 2019
Ursula von der Leyen has warned that a cliff-edge Brexit at the end of 2020 will hurt the UK more than the EU as she laid out her intentions to “make the most” out of the “extremely challenging” 11 months available to strike a trade deal.
The European commission president acknowledged the danger of time running out during the negotiations, a risk many fear has been amplified by Boris Johnson’s symbolic decision to legislate to block an extension of the transition period.
Should the UK leave the EU on 31 January, as is now assumed in Brussels, the country will remain in the customs union and single market until 31 December 2020 at which point any newly negotiated arrangements on issues such as trade, security and fisheries will come into force.
Read more: