The European Union has agreed to United Kingdom’s request for a Brexit ‘flextension’ until 31 January 2020. The announcement came after European Union diplomats met in Brussels to sign off on the new delay for Britain’s departure, which was scheduled for 31 October 2019.
Crux of the Matter
Brexit deadline has been changed for the second time since the 2016 referendum.
‘Flextension’ means the UK need not stay in the EU for a full three months; instead, it can leave as soon as its parliament and the European Parliament have ratified the new Brexit deal.
If no deal is passed by Parliament, the UK will leave the EU without a deal on 31 January 2020.
Experts suggest that there is also the legal option of cancelling Brexit altogether by revoking Article 50. But clearly, this is not something the current government is aiming for.
In London, British politicians are set to vote on whether to hold an early election to break the country’s deadlock over Brexit. PM Boris Johnson wants a 12 December election, which looks unlikely on analysing the current scenario.
Curiopedia
Brexit is the scheduled withdrawal of the United Kingdom (UK) from the European Union (EU). Following a June 2016 referendum, in which 51.9% voted to leave, the UK government formally announced the country’s withdrawal in March 2017, starting a two-year process that was due to conclude with the UK withdrawing on 29 March 2019. The Brexit withdrawal agreement is an unratified treaty between the EU and the UK, setting the terms of the withdrawal. More Info
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