The European Commission is preparing a multibillion-pound aid package for Ireland to compensate for the economic damage from a possible no-deal Brexit on October 31, The Times newspaper reported as the United Kingdom is about to get a new prime minister, APA reports citing Sputnik.
The Times newspaper reported earlier in the day, citing a senior EU diplomat, that Brussels would "spend whatever was necessary" to support the Irish government in case of any disruption of trade.
On Tuesday, either former London Mayor Boris Johnson or UK Foreign Secretary Jeremy Hunt will be named as the country's new prime minister. Both men said they wanted to change the UK-EU withdrawal deal and the Irish backstop proposal, keeping a no-deal scenario on the table.
In the meantime, Ireland’s deputy prime minister, Simon Coveney, has described a no-deal Brexit as an "ugly prospect" that would force Ireland to impose customs checks on its trade with Northern Ireland, putting many businesses and political relationships on the island "under a great deal of strain."
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