Brexit delay inevitable, former euro chief Dijsselbloem says

BRUSSELS (Reuters) – Britain’s withdrawal from the European Union will have to be delayed past March to provide time to agree an orderly exit, former prime EU official Jeroen Dijsselbloem stated on Tuesday.

FILE PHOTO: Outgoing Eurogroup President Jeroen Dijsselbloem gestures as he holds a news conference on the European Council headquarters in Brussels, Belgium, December four, 2017. REUTERS/Yves Herman/File Photo

Though the previous Dutch finance minister who was president of the euro zone’s governing physique till January has no position within the Brexit negotiations, he’s a veteran of EU disaster administration.

A weblog put up on his LinkedIn web page supplied a uncommon public airing from a senior determine for the concept that the negotiation impasse could go on.

“There won’t be a Brexit-deal this week, or even next month,” wrote the 52-year-old Dijsselbloem, who holds no public place at current. He went on to enumerate the difficulties that British Prime Minister Theresa May faces amongst her personal allies in agreeing a deal to maintain shut EU-UK commerce relations.

Hopes of a deal at a summit this week have been dashed on Sunday by continued impasse over tips on how to keep away from a disruptive laborious land border for Northern Ireland and EU officers have been taking part in down the urgency of cracking the issue within the coming weeks.

“Extra time is inevitable,” Dijsselbloem stated.

“It is required to work out any critical deal, it’s essential to keep away from a vote within the British parliament within the quick run.

“It additionally could also be essential to permit for brand new elections or a second referendum if the deal will get rejected within the medium time period, which nonetheless appears fairly possible.”

Senior EU officers have acknowledged the likelihood two-year countdown to Brexit, begun when May formally notified the EU of Britain’s departure underneath Article 50 of the EU treaty, may very well be prolonged past March 29 if all sides agree — although few governments need that extension to be various weeks.

Dijsselbloem, who steered his fellow Eurogroup finance ministers by means of 5 years of euro zone disaster and brinkmanship with Greece, stated, nevertheless, that any delay may solely be agreed with London on the final minute to crack a deal.

“The decision to stop the clock won’t come until the very last minute,” he wrote. “It won’t be the first time that time has provided us with solutions in times of European crises.”

Reporting by Alastair Macdonald ; @macdonaldrtr; Editing by Robin Pomeroy

Our Standards:The Thomson Reuters Trust Principles.

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