Europe is facing yet another make-or-break week.
FILE PHOTO: An anti-Brexit protester is seen among EU flags, as Brexit wrangles continue, outside the Houses of Parliament in London, Britain, April 4, 2019. REUTERS/Henry Nicholls/File Photo
The deadline for Britain to leave the EU, seen as set in stone just days ago, is again in flux as both sides are openly discussing an extension, even if that means Britain must cross another red line by participating in May’s European elections. A long extension - and taking part in EU elections - also carries the risk of a Conservative Party mutiny, which could force an already weakened May out.
For the EU, a longer extension also carries the benefit that Britain’s departure would not occur during the crucial month of the election campaign, which will determine who leads both the EU and, after Mario Draghi’s term ends this autumn, the European Central Bank. “Despite the switch to a cross-party approach, the risk of an election remains high because the path toward a successful ‘meaningful vote’ is treacherous, due to the deep divisionsThe cost of the Brexit saga is already tangible for the EU.
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