EU: Brexit deal growing more likely, talks with UK extended

Image
AP Brussels
Last Updated : Oct 11 2019 | 4:35 PM IST

The European Union said Friday that talks with the UK to find an amicable divorce deal were back on track, despite huge challenges and a looming end-of-month deadline for Britain to leave the bloc.

EU Council President Donald Tusk said he has "received promising signals" from Irish Prime Minister Leo Varadkar that a Brexit deal is still possible, so he has extended a deadline to continue the Brexit talks.

Tusk, speaking in Nicosia, said "for the first time" Varadkar and British Prime Minister Boris Johnson saw a pathway toward a deal.

He said that "even the slightest chance must be used" to get a deal.

Originally, Tusk said he was planning to pull the plug on talks today, but because of the breakthrough he can now see talks going through the weekend, ahead of the EU's two-day summit, which starts next Thursday.

Tusk said "there is no guarantee of success and the time is practically up" but insisted both sides should use every opportunity available ahead of Britain's scheduled Oct. 31 departure date.

"A no-deal Brexit will never be the choice of the EU," Tusk said.

Highlighting the upbeat mood, Johnson's Brexit secretary, Stephen Barclay, got a warm welcome from EU negotiator Michel Barnier before they started almost two hours of talks around breakfast.

Johnson said late Thursday there was a "pathway" to a belated agreement to stave off a chaotic and costly no-deal Brexit on October 31, while Varadkar said the meeting was "very positive."
In Paris, France's European affairs minister, Amelie de Montchalin, had another take on the debate, saying that a no-deal Brexit "is probable, at this stage."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 11 2019 | 4:35 PM IST

Next Story