UK Junior Brexit minister: If EU denies extension, we will leave on March 29 with no deal

Eren Sengezer FXStreet

British junior Brexit minister Kwasi Kwarteng recently crossed the wires saying that if the EU Council did not grant an extension to Article 50, the would leave on March 29 with no deal.

Key quotes (via Reuters)

Asked if parliament will get to vote on length of Brexit delay, says the length of any Article 50 extension will be agreed between EU and UK government.
I still think there is a chance the Brexit deal can come back and go through parliament.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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