BREXIT PERSPECTIVES AFTER THE REJECTION OF BILATERAL AGREEEMENT BY BRITISH PARLIAMENT
Petre Prisecaru
Euroinfo, 2019, vol. 3, issue 1, 3-11
Abstract:
The Brexit Agreement had two parts, the first one covering the UK bill, citizens' rights (Europeans and British) and the situation of the Irish border, the second one is the political declaration on future relations between EU and UK. It was rejected by a large majority of the British parliament, who subsequently gave a confidence vote to May government, but rejecting the agreement brings the option of a Brexit without agreement or holding a second referendum or concluding of another agreement approved by the Parliament. However, EU seems not willing to accept the extension of negotiations and transition period or renegotiating another agreement, leaving it the task entirely to the British Parliament, where Prime Minister Theresa May’s job is very difficult because of the conditions asked by opposition political parties. Most MPs do not want a Brexit without agreement which would have negative economic and social effects, but extending the Brexit negotiations beyond March, 29 seems very difficult task to achieve. Plan B which will be soon presented by Prime Minister Theresa May is the touchstone for a reasonable Brexit.
Keywords: Brexit agreement; parliament; government; negotiations; transition; conditions; task (search for similar items in EconPapers)
JEL-codes: F13 F15 F22 F36 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:iem:eurinf:v:3:y:2019:i:1:p:3-11
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