BREXIT: The Facts Read them hereSeek an extensionThen on Thursday on a motion to seek an extension of the article 50 mechanism, postponing the date of Brexit from March 29th to ... well, to whenever. That means that for the EU side, an extension – for two or three months, sources say, and no more – serves two purposes. Prepare properlyThe second purpose of an extension to article 50 is to allow everyone to prepare properly for a no-deal Brexit. In the wake of Mrs May’s defeat this week, we are likely to see a huge intensification in no-deal preparations. On Wednesday the British will publish proposed plans for the Border, and the tariffs that will be levied in the event of a no-deal.

Source: The Irish Times March 12, 2019 20:31 UTC