A senior European Union (EU) official is reported by Reuters, noting that European Council President Tusk’s long Brexit extension proposal would require the UK to hold the EU election.
The EU official also said that Tusk Foresees long extension, meaning at least a year for the UK to adopt a clear position on Brexit.
A few minutes ago, Tusk took to Twitter, saying: “I will appeal to the EU27 to be open to a long extension if the UK finds it necessary.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.