France with emergency plans for Brex

France with emergency plans for Brex

France has nearly a 50m-euro investment plan to help the country's ports and airports, which together with the fishing sector will be hit harder if an agreement on Brexet is not reached. France activated the consequences management plan in case it would not [...]

France has nearly a 50m-euro investment plan to help the country's ports and airports, which together with the fishing sector will be hit harder if an agreement on Brexet is not reached.

France activated the consequences management plan in the event there is no deal for Britain's EU secession without agreement.

Prime Minister Édouard Philippe said this is the most likely scenario.

“To cope with the consequences that will result from the lack of a Brex agreement, we decided to invest 50m euros for French ports and airports, which will no doubt be the most affected if there is a strong Brex”, said Édoure Philipe, broadcast the Oranews.

Prime Minister Philippe said the French executive will draft plans to help the fishing industry, which is also likely to be strongly affected by a non-company Brexit.

Prime Minister Theresa May's two-year effort to reach an agreement with the European Union was hit by the British Parliament Tuesday, marking the biggest defeat for a leader in Britain's modern history.

 

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