The EU is prepared to offer a post-Brexit deal with the U.K. that is unlike anything it has struck with any country outside the bloc, chief negotiator Michel Barnier said Wednesday, leading to a 0.8 percent jump in the value of sterling against the dollar.
“We are prepared to offer Britain a partnership such as there never has been with any other third country,” Barnier told reporters in Berlin, following a meeting with German Foreign Minister Heiko Maas, Reuters reported.
Politico reports “We respect Britain’s red lines scrupulously. In return, they must respect what we are,” he said. “Single market means single market … There is no single market à la carte.”