BRUSSELS (Reuters) – The European Union is ready and not afraid of a no-deal Brexit, a spokesman for the EU executive said on Wednesday, ahead of a summit of EU leaders devoted to deciding on Britain’s exit from the bloc.

“While a no deal withdrawal will cause disruption and is not desirable, the EU is fully prepared for it,” European Commission spokesman Margaritis Schinas told a daily briefing.

“This is not our desired outcome but we are not afraid of it. We are prepared.”

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