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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Macron tells Boris Johnson its too late for new Brexit deal

The French President has told the British Prime Minister that there is not enough time to negotiate a new Brexit deal before the October 31 deadline.

French President Emmanuel Macron Source: Bloomberg

French President Emmanuel Macron told UK Prime Minister Boris Johnson that there isn’t enough time to renegotiate another Brexit deal before the October 31 deadline.

Johnson met with Macron in Paris on Thursday, shortly after meeting the German Chancellor Angela Merkel where he asked her to help find a solution to the controversial Irish backstop, which would result in a hard border between the North and Republic of Ireland.

Macron open to Irish backstop alternatives

The French President did say that he is happy to hear alternative options to an Irish backstop but reiterated that any proposed solution must respect the integrity of the EU single market and must not destabilise relations between the North and the Republic of Ireland.

'I want to be very clear: in the month ahead, we will not find a new withdrawal agreement that deviates far from the original,' Macron said during his meeting with Johnson at the Elysee Palace.

Brexit uncertainty continues

Despite the UK voting to leave the EU more than three years ago, the country is no closer to agreeing terms for how, or even if, it will leave the bloc.

Johnson told Macron and continues to tell the British people that it is still possible to agree a new Brexit deal before the October 31 deadline.

‘Let’s get Brexit done, let’s get it done sensibly and pragmatically and in the interests of both sides and let’s not wait until October 31,’ Johnson said. ‘Let’s get on now in deepening and intensifying the friendship and partnership between us.’


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