No-deal Brexit would hurt EU, says Hungarian foreign minister – BBC News
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A no-deal Brexit would seriously hurt the European Union’s remaining member states given that the United Kingdom is the bloc’s second and the world’s fifth largest economy, Hungary’s foreign minister told BBC News on Thursday.
It is obvious to Hungary that the UK must reach a deal with the EU on the terms of its exit from the bloc, Péter Szijjártó said in Brussels.
Failure to reach a Brexit deal would also be “very bad news” in terms of security cooperation between the EU and the UK and the current security challenges facing the bloc, he said.
This was why, he said, it was crucial for the two sides to do everything they can to make sure that the Brexit talks result in a deal.
Hungary wants a fair Brexit deal that is mutually beneficial to the UK and the EU, Szijjártó said. Hungary’s interest also lies in the talks concluding with the deepest, most comprehensive and broadest possible free trade agreement, the minister added.