UK Prime Minister Theresa May announced that a Brexit “meaningful vote” would not take place this week. Instead, the vote on the withdrawal agreement is rescheduled to March 12, just 17 days before the March 29 Brexit date. Though, the Parliament will still hold a series of Brexit votes on Wednesday. Also, May insisted that “we still have it within our grasp to leave the European Union with a deal on the 29th of March and that’s what I’m going to be working at”.
On the other hand, Bloomberg reported that EU is mulling an Article 50 extension for as long as 21 months beyond March 29. The idea of a short three-month delay has been floating for some time. But it’s seen by EU as insufficient to break the deadlock. A three-month extension is only meaningful if for completing legal processes if UK Parliament approves the agreement.
