More Time for BREXIT Possible

More Time for BREXIT Possible

The Latest on Britain’s exit from the EU

Austrian Chancellor Sebastian Kurz is suggesting it may be possible to give Britain more time to leave the European Union if it comes up with a good strategy, saying a no-deal BREXIT would be bad for everyone.

Chancellor Kurz is quoted by Germany’s Welt am Sonntag newspaper Saturday saying that “If London presents an orderly strategy and plan, a postponement of the exit date by a couple of months is conceivable.”

Chancellor Kurz, whose country turned over the rotating EU Presidency to Romania in December, says that “Britain is now in the process of defining its ideas.”

As it stands, Britain will leave the EU without an agreement on 29 March unless its Parliament approves a deal before then.

He says “one thing is certain: a hard, disorderly BREXIT would harm us all.”

Britain’s Labour Party is calling for an “open and frank debate” on the government’s stalled Brexit plan but still will not meet with Prime Minister Theresa May.

The main opposition party’s BREXIT spokesman Keir Starmer used a speech Saturday to say it is now up to Parliament to take the tough decisions needed to break the impasse.

Mrs. May’s withdrawal plan from the European Union was soundly rejected in Parliament this week, leading to crisis talks before her return to Parliament Monday with amended plans.

Labour Party leader Jeremy Corbyn refuses to take part in the talks until May removes the possibility of a “no-deal” departure from the table.

He said in a Friday night letter to Mrs May that the talks are just a delaying tactic.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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