What's next for Brexit? Here are the key dates ahead of the UK exit

25.03.2019 / 16:05

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Monday, March 25

U.K. lawmakers are due to debate the next steps. Given the four month-long impasse in the House of Commons, Prime Minister Theresa May has asked the EU for more time to try to reach a consensus.

Parliamentarians remain divided about Brexit. May believes her deal with the EU is the best way to deliver Brexit, but certain politicians strongly object on one of the policies of her deal — the Irish backstop.

Tuesday, March 26

Legislators from the UK could vote for May's third deal - the so-called withdrawal agreement.

Friday, March 29

U.K. law is still ready for a departure this Friday. So the House of Commons needs to decide until when it's going to extend its EU membership and then update the current law.

Friday, April 12

If U.K. lawmakers fail to reach a compromise then this will be the day of a no-deal Brexit. This would mean the U.K. would stop being a member of the EU overnight, without any deal or transition period — a scenario that would bring massive uncertainty for businesses, citizens and markets.

Thursday, 18 April

This is the last session of the European Parliament before the elections - which means that this will be the last chance for current EU legislators to ratify the end-of-life agreement. They are awaiting UK approval before voting on the deal, but the Chamber is expected to approve the deal.

Wednesday, 22 May

If the UK parliamentarians approve the withdrawal agreement, it is the new date for Britain to withdraw from the bloc. After that date, the UK will be able to begin the second phase of the negotiation process, which focuses on a new trade deal between the 27 EU Member States and the UK.

Thursday, May 23rd

European citizens vote for their new representatives in the European Parliament. The voting process runs until May 26th.

Tuesday, July 2nd

The newly elected European Parliament has its first plenary session.

Trader Milko Zashev

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What's next for Brexit? Here are the key dates ahead of the UK exit

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