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Brexit: What can we expect today?

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With yet another rejection of Theresa May's agreement, parliament has now lost more and more guidance on what steps to take to Brexit's implementation in an acceptable way. The first round of indicative votes did not bring any light to Parliament's determination, but concrete solutions can now be taken.

However, even if these voices show the mood of the majority, it does not guarantee that the UK will follow strictly the newly adopted conditions of the indicative vote. The May government still has the last word in adopting the newly adopted options.

If they do not accept them, we remain in exactly the same position as before. There remain options for UK to leave on April 12 without a deal or to extend the deadline again, and UK to hold the European Parliamentary elections in May.

Today's voting will begin at about 21:00 Bulgarian time, and these are the new opportunities that legislators will vote on:

A: Backstop exit

B: No - deal Brexit on April 12th

C: New Customs Union

D: Single Market 2.0

E: Scratch for public voting on every Brexit option

F: Call for public vote on Brexit no - deal

G: Parliament to take control of Brexit's alternatives

H: EFTA and EEA

Of all the options above, option C approaches most of the previous variants. Soft - brexit is expected, but May has previously said that this option is better to stay the last one.


 Trader Martin Nikolov

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