Chief EU Negotiator Warns of 'Serious Consequences' if No Brexit Deal

  • As per reports, chief Brexit negotiator of the European Union warned that everyone will face serious consequences if Britain and the European Union do not settle a deal after the two years of talks.

    Michael Barnier reportedly mentioned that there could be complete uncertainty for the UK but he will negotiate so that a mutually acceptable agreement is reached.

    Not reaching a deal may leave four million of European and British citizens uncertain about their rights as well as future. He further said that Britain will not face any kind of punishment for leaving but the accounts need to be settled.

    The former French government minister said he will lead transparent and open talks. The aim behind the talks will be to put an end to the uncertainty for EU as well as British students and pensioners abroad and even the healthcare workers in the UK.

    Prime Minister Theresa May is going to trigger the negotiations of two-year period on March 29. The talks may commence in May.