HomeLive CommentsNo EU decision on Brexit extension until Friday

No EU decision on Brexit extension until Friday

EU27 is said to be generally supportive to giving UK another Brexit extensions. But there are some minor differences on the duration. A final decision might not be made until Friday. The question is on whether to follow European Council President Donald Tusk’s recommendation of a three-month delay through a “written procedure”. Or, leaders would likely to France’s idea of a shorter extension, possibly to November 15 only.

In UK, Prime Minister Boris Johnson failed to agree on a timetable for the Brexit bill with Labour leader Jeremy Corbyn yesterday. Johnson could opt for a general election if the parliament is seen as unwilling to vote for the Brexit deal. But it’s reported that his own Conservative party is 50/50 split on the idea of election. Meanwhile, Corbyn is also said to be facing significant pressure from Labour to resist any call for an imminent election.

Featured Analysis

Learn Forex Trading