Quote:
Originally Posted by Sephiroth
Interesting point, OB. I would prefer to hold to the current deadline.
But there's more to this. Let's say that the Guvmin holds fast and let's assume that ultimately the EU is not so up itself that it wants not to have a deal. Might they not offer negotiating concessions in exchange for an extension? I'd hope that the Guvmin has this in their minds.
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European (world) economies are going to take a savage beating for a good part of the year.
Only the most arrogant and stupid would put in place barriers to help these economies recover.
If the UK and EU don't come to an agreement and if there isn't an extension (I personally think there would need to be 3-6 extension), I wouldn't be surprised to see EU members take unilateral measures (whatever ones they can).