Brexit negotiations

The EU agreed to accept the U.K.'s request for a Brexit extension till Jan. 31 of the next year, EU Council President Donald Tusk announced on Oct. 28.

The EU is ready to give the United Kingdom another 3-month grace period for Brexit, according to an expired Brussels document, quoted by the British newspaper Guardian. The text said London could leave the community earlier if parliament ratified the text of the exit agreement.

British Prime Minister Boris Johnson said today that it is up to the European Union to decide on a delay for Brexit, but the UK should leave the bloc on October 31, Reuters reported.

"It's in their (EU) power now to decide whether or not to have an extension. What we have is a great deal on the table."

The European Union has agreed that there is a need for another postponement of Brexit, but has not reached unanimity on the specific date, Frances Press and Reuters reported, citing unnamed European diplomats who attended today's EU ambassadors meeting.

Prime Minister Boris Johnson called on Oct. 24 for a general election on Dec. 12 to break Britain's Brexit impasse, conceding for the first time he will not meet his "do or die" deadline to leave the European Union.

All countries in the European Union approved the postponement of Brexit. For what period, however, it is not clear yet.

European Council President Donald Tusk will recommend the EU leaders to adopt a postponement of Brexit beyond the planned date of 31 October.

Jean-Claude Juncker and Donald Tusk have made statements on Brexit's conclusions at last week's European Council, the European Union reported. They were also joined by Manfred Weber, with statements on Turkey and its Syrian operation. The issue of rejection of negotiations with Northern Macedonia and Albania was also addressed.

Britain's exit from the EU will lead to a slight decline in welfare, said Christine Lagarde, director of the European Central Bank, in an interview with the BBC.

As "Index" reports, referring to Sunday Times, the delay would be "fungible" meaning that Britain could leave earlier, on the 1st or 15th of November, December or February, if his deal is ratified before the extension ends, Sunday Times writes, referring to diplomatic sources.