(Reuters) - Europe's leaders are set to demand that the European Commission publish no-deal plans amid fears that Brexit negotiations are dragging, leaving businesses with little knowledge on what they need to prepare in a worst-case scenario, the Times reported.
The news came few days after European Union (E.U.) diplomats warned Britain that time was fast running out for a Brexit deal, and that it may already be too late to ratify one.
A “no deal” finale to the Brexit crisis would be yet another shock for the financial markets amid the economic hit from the coronavirus pandemic.
The scenario will disrupt delicate supply chains that stretch across Europe and beyond.
The Times report said an agreement could be finalised as early as Monday.
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