Published on 12:00 AM, March 23, 2019

BREXIT OPTIONS

After EU leaders approved a reset of the Brexit timetable, Britain is left with four possible courses ahead of an all-important parliamentary vote on the divorce deal next week. Here is how the Brexit endgame could play out:

 

LEAVE WITH DEAL ON MAY 22

British MPs have twice rejected by overwhelming margins a draft divorce agreement struck between London and Brussels in November last year. A new vote on the agreement, which allows for a long transition period that will give time for trade ties to be negotiated, is expected next week. If MPs overcome numerous objections from "Brexiteers" and "Remainers" and approve the deal, Britain will leave the European Union on May 22. According to some reports, May could try to get her deal over the line by offering to resign if MPs approve it, which could win over some Brexit hardliners.

 

NO-DEAL BREXIT ON APRIL 12 OR LATER

If MPs reject the deal for a third time, the default option would be that Britain leaves without a deal. According to a European official that hard deadline would be midnight Brussels time on April 12 but France said this was not "necessarily" the case and a later date for no-deal Brexit could be agreed. May has not ruled out the possibility of a no-deal.

 

REQUEST LONG BREXIT DELAY

Britain could also ask EU leaders for another, much longer delay that would mean it would have to hold European Parliament elections at the end of May. The European Commission, the EU's executive arm, has advised EU leaders that this longer extension should be at least until the end of 2019 and possibly much longer to allow for a proper change in Brexit strategy. The longer delay would also open up other options such as holding a general election or, perhaps, a second referendum. Britain's Electoral Commission has budgeted for European elections and could hold them at short notice but May has said it would be "unacceptable".

 

STOP BREXIT

This is by far the least likely option but is still one of the possibilities mentioned by EU President Donald Tusk in his remarks after Thursday's summit. An online petition started in Britain on Wednesday asking for the government to do this has garnered more than 2.5 million signatures so far. The European Court of Justice has ruled that Britain could unilaterally revoke its Article 50 notification -- the formal procedure for leaving the EU. May has also ruled this option out, telling reporters: "I do not believe we should be revoking Article 50".