January 16, 2019 / 7:00 AM / a year ago

EU and UK are nearing a "no deal" Brexit neither want - Moscovici

European Commissioner for Economic and Financial Affairs Pierre Moscovici attends a news conference in Paris, France, January 14, 2019. REUTERS/ Christian Hartmann

PARIS (Reuters) - The European Union and United Kingdom are getting close to a “no-deal” Brexit that neither party wants, in the wake of Prime Minister Theresa May’s parliament defeat, said EU economics commissioner Pierre Moscovici.

“No-one wants a ‘no-deal’ Brexit, but we are getting close to this,” Moscovici told France 2 television on Wednesday.

Asked whether Britain could have a second referendum which could result in a U-turn and a decision to stay in the European Union, Moscovici replied that European legal bodies had said this was possible.

Reporting by Sudip Kar-Gupta; Editing by Jon Boyle

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