BBC Europe Editor Katya Adler revealed the real reason behind the European Union’s Brexit threats is that Brussels is “terrified” of the trading competition the UK will create against the bloc.
Dr Katya Adler, BBC Europe Editor, said the real reason behind the EU’s continuous Brexit threats is that Brussels is “very worried” the UK will become a “super competitive country” on their doorstep.
Speaking on BBC Radio 5 Brexitcast, Ms Adler said: “Let’s imagine a scenario where the EU says, ‘UK we love you, you know we love you and you know that we don’t want you to leave and you know that we want to keep you really close, so let’s do a really advantageous free trade deal and let’s add some financial services into that.
“‘And we’ll give you everything you want. But you’re also free to make arrangements with anybody else you like where you may change your prices and become much more competitive than us’ .
“That’s what they don’t want. They want to keep the UK close, but they want to keep the UK close and locked in.
“They are terrified about us becoming this super competitive country just right close to them and sucking in business then they would lose out on.
“So, absolutely, they are very worried about that.
“And they’re rapidly on their computers saying, ‘Mmmm… How does this all add up?’”
EU Chief negotiator Michel Barnier sent a stern warning to the UK when he claimed leaving the customs union would create the inevitable need of a hard border between Northern Ireland and the Republic of Ireland.
He said: “It is important to tell the truth. A UK decision to leave the single market and to leave the customs union would make border checks unavoidable.
“The sooner the UK makes its choices the better. I wasn’t talking about a threat when I talked about the transition.
“I have some problems understanding the UK’s position.
“They asked for the transition period on the basis of logical conditions. You’re keeping single market, customs union, policies, for a limited period. It’s understandable we keep the regulatory period. It’s the integrity of the single market at stake.”