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Brexit: Leaving EU is Likely to be Postponed to 2019

Britain could leave the European Union in 2019 rather than the end of the year, the Sunday Times reported on Sunday …

Britain could leave the European Union in 2019 rather than the end of the year, the Sunday Times reported on Sunday, quoting informed sources by ministers who explain that the departments responsible for negotiating the Brexit are not ready .

Britons voted on the 23rd June to leave the European block, but the Prime Minister, Theresa May, warned it would not start the process of Article 50 this year, which triggers the separation procedure, judging that it needed time to prepare for negotiations.

The British Minister of International Trade, Liam Fox, said last month that the beginning of next year would be a better time to trigger Article 50.

According to sources in the financial community of the City who say they have been warned by ministers, negotiations could start later, in late 2019, due to the delay in the formation of ministerial teams assigned to the issue as well as Brexit international trade, the newspaper said.

The French presidential elections in April-May, and the German elections in September are also likely to come into play, he says.

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