Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Tuesday 06 December 2016 1:37 pm

EU negotiator Michel Barnier has given Britain 18 months to reach a Brexit deal

By: Mark Sands

Add as a preferred source on Google

One of the EU's top officials has warned the the British government it must reach a deal on Brexit within 18 months of activating Article 50.

Michel Barnier, who will lead talks with the UK on behalf of  the European Commission, said today it was "the sooner the better" for Prime Minister Theresa May to launch negotiations.

"Time will be very short. It's clear that the period of actual negotiation will be shorter than two years," Barnier said, adding that up to six months could be needed for member-states to ratify a deal with the UK.

Read More: Does it matter if the government loses the Supreme Court Article 50 case?

Article 50 provides the UK with two years to establish a new relationship with the EU before it is expected to default to World Trade Organisation tariffs. Downing Street said today it did not want to extend talks beyond that time frame.

Barnier summed up his message to London with a pithy "keep calm and negotiate", and warned that a "very limited transition" deal is possible, but only after British officials have indicated more on the type of relationship they wish to establish with the EU.

Read More: "Posturing" Euro chief Dijsselbloem issues London warning

His comments came as part of a hardening of the rhetoric towards the UK, with Eurogroup chairman Jeroen Dijsselbloem also warning the UK's attitude was making a smooth transition to a new relationship more difficult.

Speaking ahead of a meeting of EU finance ministers, including chancellor Philip Hammond, Dijsselbloem said: "It can be smooth and it can be orderly but I think it requires a different attitude on the part of the British government because the things that I've been hearing so far are incompatible with smooth, incompatible with orderly."

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Brewdog chief executive quits after only one year

  • Nothing fails to file accounts months after dissolution threat

  • UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

More from City PM

  • Starmer agrees investment deal with Japan as EU deal questioned

    Politics
    UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.
  • Government is set to deal major blow to Big Tech’s moves into sports rights

    Sport Business
    Without the article title or content provided, Im unable to generate a specific alt text for the image. Please provide mor...
  • Brexit 10 years on: Labour’s EU reset deal is ‘no growth strategy’

    Politics
    According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
  • Gulf trade deal: Britain should learn from the success of Dubai

    Opinion
    Dubai skyline featuring iconic skyscrapers and modern architecture under a clear blue sky, showcasing the citys urban land...
  • Brexit 10 years on: Business does not want a referendum rerun, says CBI chief

    Business
    CBI Chief Economist Newton-Smith addressing economic trends at a business conference podium with charts in the background
  • ‘Not all sunlit uplands’: Pub bosses weigh in on whether Brexit leaves a bitter taste

    Hospitality
    Tim Martin speaking at a business conference, standing at a podium, discussing economic trends and strategies for growth
  • Children as young as 14 are being targeted by unregulated gambling firms on social media

    Sport Business
    Unfortunately, without additional context from the article or details about what the image depicts, it is challenging to g...
  • Starmer weighs cut to EU student fees in bid for Brexit reset

    Politics
    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy