Senior EU Source: EU’s Tusk proposing to offer UK a 12-month "flexible" Brexit extension - BBC (GBP unfazed)

Dhwani Mehta FXStreet

BBC quotes a senior European Union (EU) source, as saying that European Council President Donald Tusk is proposing to offer the UK a 12-month "flexible" extension to its Brexit date.

Additional Details:

The plan would allow the UK to leave sooner if Parliament ratifies a deal.

His plan will need to be agreed by EU leaders at a summit next week.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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