France threatens to reject May’s Brexit delay request

0
44
© Reuters. A copy of the letter sent by British Prime Minister Theresa May to European Council President Donald Tusk is seen next to an European Flag in this illustration picture© Reuters. A copy of the letter sent by British Prime Minister Theresa May to European Council President Donald Tusk is seen next to an European Flag in this illustration picture

By Elizabeth Piper, Kylie MacLellan and William James

(Reuters) – France threatened to reject British Prime Minister Theresa May’s request for a three-month delay to Brexit on Wednesday unless she can guarantee to get her departure plans though parliament, potentially sending Britain crashing out of the EU without a deal.

May asked the to allow Britain to extend Brexit to June 30 and EU leaders are expected to discuss the matter at a summit on Thursday. The decision must be taken unanimously by all remaining 27 EU members.

Some EU states, including Germany, had given a largely positive response to May’s well-flagged request.

Article continues below Advertisement...

But with the clock ticking toward Britain’s formal departure date on March 29, French Foreign Minister Jean-Yves Le Drian said May would need to make her case before EU leaders in Brussels.

“Our position is to send the British a clear and simple message: as Theresa May said repeatedly herself, there are only two options to get out of the EU: ratify the Withdrawal Agreement or exit without a deal,” Le Drian told the French parliament.

“A situation in which Mrs May was not be able to present to the European Council sufficient guarantees of the credibility of her strategy would lead to the extension request being dismissed and opting for a no-deal exit,” he said.

May’s initiative came just nine days before Britain is formally due to leave the European Union and marked the latest twist in more than two years of negotiations that have left British politics in chaos and the prime minister’s authority in tatters.

After the defeats in parliament opened up the possibility of Britain leaving the EU without a deal and a smooth transition, May said she remained committed to leaving “in an orderly manner” and wanted to postpone Brexit until June 30.

Her announcement prompted uproar in parliament, where the opposition Labour Party accused her of “blackmail, bullying and bribery” in her attempts to push her deal through, and one prominent pro-Brexit supporter in her own Conservative Party said seeking a delay was “betraying the British people”.

Britain voted in 2016 to leave the EU by 52 to 48 percent, but the decision has split the country, opening up divisive debates over the future of the economy, the nation’s place in the world and the nature of Britishness itself.

A European Commission document seen by Reuters said the delay should either be several weeks shorter, to avoid a clash with European elections in May, or extend at least until the end of the year, which would oblige Britain to take part in the elections.

The pound fell sharply as May requested her extension.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, ) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the , it is one of the riskiest investment forms possible.

Source: Investing.com