1/14, 12:53 PM (Source: TeleTrader)
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May: UK secured valuable assurances from EU

British Prime Minister Theresa May stated on Monday that the United Kingdom has secured "valuable assurances" from the European Union (EU). Speaking in Stoke-on-Trent, the UK leader highlighted, however, that the two sides failed to put a time limit to Irish backstop.

Commenting on the Brexit letters released today both by her and presidents of the European Council and European Commission, Donald Tusk and Jean-Claude Juncker, May said that she will set it out the content of the letters in greater details to the MPs later today. She also highlighted that there is currently no alternative to the existing Brexit agreement and that it is "the best deal possible." She noted she is certain a number of lawmakers will support it despite their previous doubts.

The prime minister stressed that there is no need for the extension of Article 50, in her opinion, and that the UK should be leaving the bloc on March 29, as planned.

Breaking the News / VK