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EU and UK officers are discussing the opportunity of extending Article 50 – Telegraph

GBP/USD popped in direction of the excessive of the day following the Telegraph reporting that British officers have been ‘placing out feelers’ for an Article 50 extension at discreet talks with EU counterparts. British and European officers are discussing the opportunity of extending Article 50 amid fears a Brexit deal is not going to be accomplished by March 29.

Three separate EU sources confirmed that UK officers had been “placing out feelers” and “testing the waters” on an Article 50 extension, even because the Authorities mentioned it had no intention of asking to increase the negotiating interval. The discreet diplomatic contacts, described by one supply as officers “simply doing their homework” emerged as a minister broke ranks for the primary time to lift the opportunity of extending the talks.


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