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Chancellor Philip Hammond has said any "transitional deal" in the immediate period after Brexit must end by the time of the next general election, reported BBC.
He said there must be "business as usual, life as normal" for Britons as the UK exits the EU.
"Many things would look similar" the day after Brexit - on 29 March 2019 - as the UK moved gradually towards a new relationship with the EU, he said.
But he added the transition must end by June 2022, before the next election.
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Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
The debate surrounding the inclusion of Bulgarians in North Macedonia's constitution, a crucial precondition for the country's European Union accession talks, has taken center stage in the ongoing presidential campaign
Opposition parties critical of President Maia Sandu's pro-European stance have joined forces in Moscow, forming a pre-election bloc with ambitions to contest upcoming presidential elections and a pivotal referendum on EU membership
EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
In a recent meeting of the European Council, Acting Prime Minister Dimitar Glavchev underscored Bulgaria's unwavering support for Ukraine amidst discussions surrounding the fight against disinformation and foreign manipulation of information
European leaders have reaffirmed their unwavering commitment to Ukraine, pledging urgent assistance to bolster the nation's defense capabilities
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
Concerns are mounting within the European Parliament regarding potential Russian interference in the forthcoming parliamentary elections, coupled with apprehensions surrounding Russian-owned properties in Bulgaria
A dire situation looms over European airspace as thousands of passenger planes, predominantly ferrying tourists, find themselves ensnared in a perilous web of Russian jamming attacks, leaving them disoriented and vulnerable mid-flight.
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
