situation report

Apr 10, 2019 | 14:18 GMT

1 min read

U.K.: European Leaders Expected to Grant Additional Brexit Extension

What Happened: European leaders are expected to grant another Brexit delay to the British government during an extraordinary meeting on April 10, the Financial Times reported April 9.

Why It Matters: Although it remains unclear how much additional time the European Union will give the United Kingdom, initial rumors suggest either Dec. 31 or March 31, 2020, as Brexit dates. The union may also include a provision for the country to leave the bloc at an earlier date if London approves a withdrawal agreement.

Background: The British withdrawal from the European Union is currently scheduled for April 12, but London has asked Brussels to grant an additional extension until June 30. In the meantime, the ruling Conservative Party is holding talks with the main opposition Labour Party to find a compromise on a Brexit deal that could produce a cross-party majority in Parliament.

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