EU executive says: be ready for "possible" no-deal Brexit
BRUSSELS, June 12 (Reuters) - The European Commission
updated its contingency plans for any no-deal Brexit on
Wednesday, telling European Union countries, companies and
people that they have to be prepared.
"The Commission considers that a withdrawal of the United
Kingdom without an agreement remains a possible outcome, with
all its negative economic consequences," the EU's executive said
in a statement, adding that contingency preparations so far
"remain adequate and fit for purpose".
"Nevertheless, the Commission will continue to monitor
political developments and assess if any extension of the
adopted measures will be needed," it said.
(Reporting by Gabriela Baczynska; Editing by Catherine Evans)
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