Germany’s Maas: ‘We are prepared to hear the UK’s ideas on alternative backstop arrangements’

Dhwani Mehta FXStreet

German Foreign Minister Maas was on the wires last minutes, via Reuters, making some comments on the Brexit issue.

Key Quotes:

The feeling within the EU, is that we simply cannot imagine reopening the withdrawal agreement and UK must make ‘concrete’ proposals on Brexit as soon as possible.

We are prepared to hear the UK’s ideas on alternative backstop arrangements.

The EU is working on assumption that Brexit will occur on 31 October 2019.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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