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Financials

Problems in Britain's latest Brexit proposal - EU's Juncker

BRUSSELS, Oct 3 (Reuters) - European Commission President Jean-Claude Juncker on Thursday pointed to a number of problematic issues in Britain’s latest Brexit proposal, saying that more discussions were needed.

“Accepting such a proposal would not meet all the objectives of the backstop: preventing a hard border, preserving North-South cooperation and the all-island economy, and protecting the EU’s Single Market and Ireland’s place in it,” the Commission said in a statement.

The comments came after Juncker’s phone call with Irish Premier Leo Varadkar.

Reporting by Foo Yun Chee; editing by Robin Emmott

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