Bettel says United Kingdom must 'take decisions now' on Brexit

Bettel says United Kingdom must 'take decisions now' on Brexit

Bettel says United Kingdom must 'take decisions now' on Brexit

Brexiteer-in-chief and former UKIP leader Nigel Farage said that it would delay full withdrawal nearly until the general election scheduled for May 2022 and "may mean we never leave at all".

The 27 leaders then refused to sign off on a special November summit planned to seal the divorce deal, pushing any agreement back to a December summit - just four months before Brexit. Chief EU negotiator Michel Barnier said "we need much time, much more time, and we continue to work in the next weeks".

He said: "Such an extension would cost United Kingdom billions of pounds, yet our fundamental problem with the European Union proposal remains".

"And by refusing to meet their representatives, Theresa May is also ignoring the democratic will of the majority in the north who voted to reject Brexit".

One of the people said the International Trade Secretary Liam Fox was the most vocal in his openness to the idea of extending the transition.

No EU leader reacted to May's speech, as has been the tradition with the Brexit discussions at EU level.

Jean-Claude Juncker said on Thursday at the close of a two-day crunch summit in Brussels that he was "convinced" a deal would be reached, and warned a no deal exit would be "dangerous" for both sides.

His comments come in the wake of statements made by US Commodity Futures Trading Commission (CFTC) chair Christopher Giancarlo, who threatened to prevent European banks from accessing US futures markets over EU plans for the oversight of foreign clearing houses after Brexit.

"I think we are both of the understanding that this is an insurance policy and obviously we want to address all of these issues in a future relationship", she said.

If agreed, the change would mean the United Kingdom remaining within the single market and customs union and subject to EU rules and regulations for nearly three years after the official date of Brexit in March 2019.

Mrs May is likely to face a fullscale Tory mutiny if she agrees to extend the transition period.

His party colleague, North Belfast MP Mr Dodds, said: "An extension of the transition period does nothing significant on the key issue of the unacceptable European Union backstop proposals".

European Union leaders also underscored their support for Barnier and the importance of maintaining a united front behind him - a further rebuff to the UK's attempts to peel off support from individual member states.

May said this proposal was unacceptable as it would create an array of new customs and regulatory checks between Northern Ireland and Great Britain, consequently undermining the constitutional integrity of the UK.

"She's between a rock and a hard place", Finland's former prime minister Alexander Stubb said of May, in an interview with NPR's Morning Edition. Others at the bar managed to capture videos of the four leaders enjoying themselves and, naturally, posted them online.

German Chancellor Angela Merkel said that she still believes it's possible to conclude a "good and sustainable" agreement with Britain before its departure - but stressed Germany also is preparing for the risk of a no-deal departure.

Britain's Prime Minister Theresa May and Britain's Permanent Representative to the EU Tim Barrow arrive at an European Union leaders summit in Brussels, Belgium October 17, 2018.

"Mrs. May recalled the importance of a UK-wide customs territory. By working intensively and closely we can achieve that deal", she told reporters.

With time running out to secure an agreement, Juncker added: "I am convinced that under leadership of Donald [Tusk] we will find a deal with Britain".

However, in reality, the prime minister had little choice but to ask for an extension.

Mrs May, who had been called upon to table new proposals on the Irish Border backstop, was thought to have been "developing her thinking".

But this issue is causing a major stumbling block in finalising any Brexit deal.

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