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        The European Union is unwilling to "lose money"


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Barnier spoke before the EU Leaders'Summit on Thursday and Friday. If British Prime Minister Teresa May asks, EU leaders may decide at the meeting whether to agree to postpone the British withdrawal deadline of March 29.
"It is our duty to ask whether the extension is useful. Delays will increase the costs of uncertainty and uncertainty. We cannot prolong uncertainty without sufficient justification, "Barnier said at a news conference. There are still 10 days to go before Britain withdraws from Europe.
"EU leaders need the UK to come up with a concrete plan to make decisions with sufficient information," Barnier said.
He said the leaders of 27 other European Union countries would ask Teresa May whether delaying her withdrawal would increase her chances of being approved by a two-time vetoed withdrawal agreement in a fragmented parliament.
Barnier said the EU would assess how best to do for itself.
"Expanding uncertainty without a clear plan will increase the economic costs of our enterprises and possibly bring political costs to the EU," he said.


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