European Union warns of 'serious consequences' if no Brexit deal | Tv6 Upldates

EU's chief negotiator warns of 'serious consequences' if no Brexit deal

BRUSSELS: The European Union's boss Brexit mediator cautioned Wednesday that there will be "not kidding results for everybody" if the two sides neglect to secure an arrangement inside two years. 

Michel Barnier, will's identity driving the EU side amid the Brexit examinations, said there could be "add up to instability" for Britain if no arrangement is secured in that time span. 

He demanded that he will consult in compliance with common decency to ensure that a commonly adequate assention is achieved, telling a group of people of administrators from parliaments crosswise over Europe that "this situation of 'no arrangement' is not our own." 

England is slated to trigger the two-year time of its exit from the EU on March 29, with the discussions beginning for genuine in May. 

Barnier said no arrangement could leave four million European and British natives unverifiable about their rights and future, result in the reintroduction of strict traditions rules, make air activity bedlam to and from Britain and prompt the suspension of fares of atomic materials. 

The previous French government serve said the discussions he will lead will be straightforward and open, saying that "these transactions can't happen in mystery." 

He said the principal point is end instability for EU and British understudies and retired people abroad, and in addition human services laborers in the U.K. 

The EU's watchword, he stated, will be "subjects first." 

Barnier demanded that Britain will confront no discipline for leaving, however that "we should settle the records. We won't request that the British pay a solitary euro for something they have not consented to as a part." 

Some evaluated propose the EU needs Britain to pay a weighty separation bill of up to 60 billion euros ($64 billion), to cover EU staff benefits and different costs the U.K. has focused on. England hasn't precluded paying, yet is relied upon to challenge the bill.