UK’s Fox: EU offering long Brexit delay "not possible"

Dhwani Mehta FXStreet

British Trade Minister Liam Fox said in an interview with BBC TV on Sunday, the European Union (EU) offering the UK a long delay to Brexit because of upcoming European elections is not possible.

Key Quotes (via Reuters):

It was still “entirely possible” Britain leaves the bloc as scheduled on March 29 but an extension to the Article 50 negotiating period may be necessary in order to deliver a smooth exit from the bloc.

Asked how he would react if the EU insisted on a much longer delay of 21 months or two years, “I would be shocked because I think it is actually not a possible outcome.”

“The European Union does not want Britain to fight the European elections.”

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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