Parliament Rejects Theresa May’s Brexit Deal
With 391 votes to 242, the U.K.’s Prime Minister did not secure enough support for her plan to withdraw from the E.U. A new vote will now take place on Wednesday to determine whether the U.K. will still leave the Union by Mar. 29, on schedule, without a deal. If that fails, another vote will take place on Thursday to decide if Brexit should be delayed.
What are the implications? May has warned that Brexit would likely be lost forever if MPs do not back this deal, an opinion voiced by European Commissioner Jean-Claude Juncker.
Read OZY’s take on whether the powerful German economy will break up the E.U.