France's business federation warns of 'Brexit without end'

PARIS — France’s main business federation says Britain’s Oct. 31 departure from the European Union shouldn’t be delayed again unless there’s a major shift in negotiations, warning that “a Brexit without end” would be economically damaging.

The MEDEF federation advised Tuesday that all French businesses should continue to prepare for a so-called “hard” Brexit, without a deal to cushion expected jolts to European economies and firms.

In a statement, MEDEF said it is “seriously concerned by this situation and its harmful consequences for all European citizens and companies.”

But it also said that only “major political reasons” could justify the EU granting another Brexit extension. It said the EU should not “fall into the trap of a Brexit without end, sterile for our economies and dangerous for the integrity of the union.”

The Associated Press

Source: https://www.citynews1130.com/2019/09/10/frances-business-federation-warns-of-brexit-without-end/