EU preparing to delay Brexit until at least July
Did you ever get the feeling that this is all becoming a bit like a poker game? It seems whichever way we turn uncertainty is likely to dog the rural economy into the summer and I fear/suspect beyond! This article tells us:
The EU is preparing to delay Brexit until at least July after concluding that Theresa May is doomed to fail in getting her deal through parliament.
The country’s 29 March deadline for exiting the EU is now regarded by Brussels as highly unlikely to be met given the domestic opposition facing the prime minister and it is expecting a request from London to extend article 50 in the coming weeks.
A special leaders’ summit to push back Brexit day is expected to be convened by the European council president, Donald Tusk, once a UK request is received. EU officials said the length of the prolongation of the negotiating period allowed under article 50 would be determined based on the reason put forward by May for the delay.
A “technical” extension until July is a probable first step to give May extra time to revise and ratify the current deal once Downing Street has a clear idea as to what will command a majority in the Commons.
An EU official said: “Should the prime minister survive and inform us that she needs more time to win round parliament to a deal, a technical extension up to July will be offered.”