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Brexit

British PM Theresa May tries to break Brexit logjam, offers EU 2-year transition period

British PM Theresa May tries to break Brexit logjam, offers EU 2-year transition period

Britain is prepared to abide by European Union rules and pay into the bloc's coffers for two years after leaving the EU in March 2019, Prime Minister Theresa May said Friday in a conciliatory speech intended to revive foundering Brexit talks.

May traveled to Florence, Italy — birthplace of the Renaissance — in hopes of rebooting negotiations with the EU that have stalled over issues including the price Britain must pay to leave and the rights of EU citizens in Britain.

With 18 months to go before Britain is scheduled to leave the EU, Brexit negotiations have made little progress and the bloc's senior officials have accused Britain of offering mixed signals and vague proposals....

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