FIEE - Can The EU's Extension Offer Really Break The Brexit Deadlock?

By David Zahn, CFA, FRM, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group

After a nail-biting few hours, European Union leaders have agreed to the UK government's request to delay Brexit, albeit the extension is less than Theresa May had requested. But our Head of European Fixed Income David Zahn believes the decision does little more than reset the clock, and he warns there is still a strong chance that the United Kingdom could still crash out without a deal.

After a good deal of brinkmanship, the European Union ((EU))

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