EU and Britain agree to Brexit delay until Oct. 31

The European Union and British Prime Minister Theresa May have agreed to delay Brexit once again this timeuntil the end of October.

Leaders of the 27 remaining EU member states met for more than six hours before agreeing early Thursday morningto postpone Brexit until Oct. 31.

May, who had sought a delay only until June 30, agreed to the later date.

'Please do not waste this time'

Speaking to reporters after the agreement was reached, EU President Donald Tusk said, "During this time, the course of action will be entirely in the U.K.'s hands. It can still ratify the withdrawal agreement, in which case the extension will be terminated. It can also reconsider the whole Brexit strategy butnot in the withdrawal agreement."

Tusk said the U.K. will also have the option torevoke Article 50 and cancel Brexit altogether.

He added a plea to Britain at the end of his statement: "Please do not waste this time."

Save or shove

EU leaders spent a long dinner meeting wrangling over whether to save Britain from a precipitous and potentially calamitous Brexitthis Friday, or to give the departing nation a shove over the edge.

May pleaded with themto delay Britain's exituntil June 30 so the U.K could sort outthe mess that Brexit has become.

Tusk earlier suggested an even longer delay of up to a year with conditions attached to ensure Britain does not stymie EU decision-making if it remains a member.

Some EU leaders were sympathetic, butFrench President Emmanuel Macron said it was he who ultimately blockeda long Brexit delay and convincedother European Union leaders to agree to a shorter one in order to preserve the functioning of the EU.

"It's true that the majority was more in favour of a very long extension. But it was not logical, in my view and above all,it was neither good for usnor for the U.K.," he said.

Macron was concerned that letting Britain stay too long would distract the EU from other issues notably next month's European Parliament elections.

European Commission President Jean-Claude Juncker said he was certain Britain would honour the "sincere co-operation" obligation, and would in any case have little power to block key EU decisions.

Speaking to reporters herself, May later said that key to her agreement was to have an earlier exit clause. For example, she said, "If we're able to pass a deal in the first three weeks of May, we will not have to take part in European elections, and will officially leave the EU on Saturday, the 1stof June."

May initially believedthat a June 30 deadline would beenough time for Britain's Parliament to ratify a Brexit deal and pass the legislation needed for a smooth Brexit.

But British lawmakers have rejected her divorce deal three times, and attempts to forge a compromise with her political opponents have yet to bear fruit.

She said in Brussels tonight thatshe would not pretend that the next few weeks wouldbe easy.

"The choices we now face are stark and the timetable is clear. So we must now press on at pace with our efforts to reach consensus on a deal that is in the national interest," she said.

Despite the new agreement, May's future is uncertain.

May's deal-making attemptsflounder

She has said that"as prime minister," she could not agree to let Britain stay in the EU beyond June 30, and she has also promised to step down once Brexit is delivered. Many Conservative Party lawmakers would like her to quit now and let a new leader take charge of the next stage of Brexit. But they can't force her out until the end of the year, after she survived a no-confidence vote in December.

Every British initiative to get a deal has floundered. Several days of talks between May's Conservative government and the main opposition Labour Party aimed at finding a compromise have failed to produce a breakthrough. Labour favours a softer Brexit than the government has proposed, and wants to retain a close economic relationship with the bloc. The two sides said they would resume their discussions Thursday.

IrishPrime Minister LeoVaradkar, whose country shares a border with the U.K. and would be among the hardest hit by a no-deal Brexit, said Britain was in "a difficult position."

"It doesn't want to leave without a deal; at the moment it doesn't want to vote for the deal. And of course a lot of people, maybe even half the population, don't want to leave at all," he said.