EU is not afraid of no-deal Brexit - EU executive

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." (Reporting by Alastair MacDonald and Clare Roth Writing by Alissa de Carbonnel; editing by Philip Blenkinsop)