EU says ready for no-deal Brexit, 'British would be the biggest losers'

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EU says ready for no-deal Brexit, 'British would be the biggest losers'
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The European Commission said on Monday that the EU was ready for a no-deal Brexi...

FILE PHOTO: A flag of the European Union is pictured outside the Houses of Parliament in London, Britain July 25, 2019. REUTERS/Hannah McKay

Speaking at a regular daily briefing, Commission spokeswoman Natasha Bertaud said a no-deal UK exit would never be the EU’s preferred scenario, adding that the Brussels-based executive saw no need for additional contingency preparations at this stage. “That would be proportionally much greater in the United Kingdom than it would be in the EU 27 states.”

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