France has put in motion a contingency plan to deal with an eventual "hard Brexit," Prime Minister Edouard Philippe said on Thursday, including €50 million of investments to help ports and airports cope.
"What's certain is that the scenario of a no-deal Brexit is less and less unlikely. That’s why... I have decided to trigger the plan for a no-deal Brexit," Philippe told reporters.
Prime Minister Theresa May's two-year attempt to forge an amicable divorce was crushed by the British parliament on Tuesday in the biggest defeat for a British leader in modern history.
News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.
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