Watch Live: EU's Tusk/Junker joint Presser underway: EU decided to grant a flexible extension (Tusk)

Ross J Burland FXStreet

It's just after 0200AM in Brussels, and EU's Tusk / Junker are conducting a Live Presser following the EU agreeing to an extension of Article 50 until 31st Oct - A Haloween Brexit (a flexible Brexit date to offer the potential for Withdrawl Agreement to pass).

Watch Live here:

Key comments so far:

Tusk:

The course of action UK's hands.
UK will have the ability to cancel Article 50 altogether.
Message to British friends - as flexible as I expected and shorter than I expected
Its enough to find best possible solution.
Please don't waste this time.
It can ratify the withdrawal agreement, and leave. It can change strategy, although not the withdrawal agreement. Or it can decide to revoke.
He says the UK will remain a friend of the EU.

More to come...from other speakers

This buys the UK's PM May time, but can May pull this off? There is plenty of scepticism considering how poorly talks are going between PM May's Conservative Brexit Cabinet and Jeremy Corbyn's party.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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