EU Rejects PM May’s Push to Rewrite Brexit Deal
LONDON (AFP) -- British Prime Minister Theresa May pinned her hopes on persuading Brussels to rewrite the Brexit divorce deal but EU leaders insisted Wednesday they would not budge.
Having comprehensively rejected the withdrawal agreement last month, MPs late Tuesday backed an amendment saying they would support the deal if its controversial "backstop" clause concerning the Irish border was removed.
Bolstered by the mandate from parliament, May made the decision to revisit a pact she herself sealed with the 27 EU leaders at a summit last month.
With Britain otherwise on course for a chaotic exit from the bloc on March 29, May admitted she faces a formidable challenge convincing Brussels to re-open an accord that took 18 excruciating months to conclude.
And there was no sign that European leaders were prepared to unpick the backstop in order to salvage the deal.
A spokesman for EU Council President Donald Tusk swiftly insisted the Brexit deal was "not open for renegotiation".
On Wednesday, the EU's chief Brexit negotiator Michel Barnier reiterated: "The position of the European Union is very clear".
German Foreign Minister Heiko Maas told the Funke media group that the existing draft deal was "the best and only solution for an orderly exit".
The backstop insurance policy could legally lock the UK into EU trade rules indefinitely in order to keep the Irish border free-flowing.
Guy Verhofstadt, who heads the European Parliament's six-member Brexit steering group, said the backstop clause was "absolutely needed" and there was hardly room to change the deal.
Going further, Philippe Lamberts, who is on the group, told BBC radio that hard Brexiteers were "believing in a mirage".
"There will be a price to pay, but the calculus made on this side of the Channel is the price of hurting the integrity of the single market will be bigger, and if we have a choice to make between two evils, then no deal is the lesser evil," he said.
The pound "has not collapsed into oblivion because... we are not yet at the no-deal do-or-die moment," said Neil Wilson, chief market analyst at Markets.com.
Carolyn Fairbairn, who heads the Confederation of British Industry main business lobby group, said: "I don't think there will be a single business stopping or halting their no-deal planning because of last night's Brexit vote. Renegotiation is a throw of the dice. It must succeed or fail fast."
Having comprehensively rejected the withdrawal agreement last month, MPs late Tuesday backed an amendment saying they would support the deal if its controversial "backstop" clause concerning the Irish border was removed.
Bolstered by the mandate from parliament, May made the decision to revisit a pact she herself sealed with the 27 EU leaders at a summit last month.
With Britain otherwise on course for a chaotic exit from the bloc on March 29, May admitted she faces a formidable challenge convincing Brussels to re-open an accord that took 18 excruciating months to conclude.
And there was no sign that European leaders were prepared to unpick the backstop in order to salvage the deal.
A spokesman for EU Council President Donald Tusk swiftly insisted the Brexit deal was "not open for renegotiation".
On Wednesday, the EU's chief Brexit negotiator Michel Barnier reiterated: "The position of the European Union is very clear".
German Foreign Minister Heiko Maas told the Funke media group that the existing draft deal was "the best and only solution for an orderly exit".
The backstop insurance policy could legally lock the UK into EU trade rules indefinitely in order to keep the Irish border free-flowing.
Guy Verhofstadt, who heads the European Parliament's six-member Brexit steering group, said the backstop clause was "absolutely needed" and there was hardly room to change the deal.
Going further, Philippe Lamberts, who is on the group, told BBC radio that hard Brexiteers were "believing in a mirage".
"There will be a price to pay, but the calculus made on this side of the Channel is the price of hurting the integrity of the single market will be bigger, and if we have a choice to make between two evils, then no deal is the lesser evil," he said.
The pound "has not collapsed into oblivion because... we are not yet at the no-deal do-or-die moment," said Neil Wilson, chief market analyst at Markets.com.
Carolyn Fairbairn, who heads the Confederation of British Industry main business lobby group, said: "I don't think there will be a single business stopping or halting their no-deal planning because of last night's Brexit vote. Renegotiation is a throw of the dice. It must succeed or fail fast."