Third time in a row: British parliament rejects EU exit plan, uncertainty deepens

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For the third time in a row, the British parliament rejected Prime Minister Theresa May’s agreement to leave the European Union after a vote on Friday evening, in which 344 members rejected the current exit mechanism, compared to 286 votes who supported the mechanism.

The simplified version of May’s agreement to the parliament has been rejected. It is not clear how and when the process will take place or whether it will happen from the ground up, and the three-year-old withdrawal crisis is being moved to a deeper level of uncertainty.

After a special session of parliament, deputies voted 344 to 286 to reject the May’s agreement on the 585-page withdrawal reached after two years of hard negotiations with the bloc.

The pound fell 0.5 percent after May’s defeat in parliament to $ 1.2977. Minutes after the vote, European Council President Donald Tusk said on Twitter that EU leaders would meet on April 10 to discuss Britain’s exit from the bloc.

The European Commission said the exit scenario without an agreement on April 12 was now likely, the third failure of May, which on Wednesday offered to resign if the parliament approved the exit agreement.

Liam Fox, trade minister of the May government, who supported the exit, called Friday’s vote a last chance to pass the deal.

The parliament rejected the deal twice by a big margin, and although May was able to appease rebels in its conservative party and the Democratic Unionist Party in Northern Ireland supporting its government, they refused to support the deal.

The MPs will try on Monday to agree on an alternative plan to withdraw from The EU may require the support of a majority of the various parties in parliament, which would be a surprise for Britain’s political system.

The Britain has now until April 12, to persuade members of the European Union, that it has an alternative out of the crisis path, or find themselves outside the bloc as of that date without agreement on relations after the withdrawal with the largest trade ally of the country, and registered shares construction companies, particularly sensitive to concerns that the British economy was hurt by a breakout without a deal, were sitting low after the parliament vote.