EU leaders to decide whether to give UK more time as 'Brexit day' fast approaches
European leaders are meeting on Thursday to decide whether to grant the U.K. an extension to its Brexit due on March 29.
May requested the extension on Wednesday in a letter to the EU and said she intended to try to put the Brexit deal before Parliament a third time next week. Whether she can do so or not is another matter, as House Speaker John Bercow said the deal would have to have changed significantly in order to justify putting it before MPs a third time.
France, on the other hand, has indicated that it has no appetite to give the U.K. more time, especially after two years of negotiations. Germany appears more pragmatic, however, with Chancellor Angela Merkel telling the Bundestag Thursday that Germany was ready to back a short extension and that she will"fight to the last minute to avoid a no-deal Brexit."
David McAllister, a Member of the European Parliament and chair of the European Parliament Committee on Foreign Affairs, told CNBC in Brussels Thursday that May would have to present a good rationale to the EU for an extension.
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