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British Prime Minister Theresa May will formally resign on June 7, 2019. REUTERS / Hannah McKay

British Prime Minister Theresa May will resign on June 7th. She confirmed it Friday, May 24 after months chaotic where she could not lead the Brexit file to an end. All options seem open almost three years after the referendum on leaving the EU.

Three major cases remain to be considered while there is still no agreement on the exit of the United Kingdom from the European Union. In the event that London and Brussels can not reach an agreement by 31 October , the United Kingdom will overnight leave the customs union and the single market. He cuts all the bridges with Europe.

If this is the case, economists fear a wave of shock with flying prices and waiting hours at the British borders , both for people and for goods.

Johnson, favorite, favorable to the " no deal "

This is the preferred option of radical pro-Brexit like Nigel Farage or Boris Johnson. Moreover, for the business and pro-European Financial Times , the prospect of a "no deal", an exit without agreement, has increased with the departure of Theresa May and the fact that Boris Johnson is given a favorite .

The former head of diplomacy has already indicated that he is determined to leave the EU " with or without agreement ". The Telegraph , pro-Brexit, adds because it evokes the words of Boris Johnson during a visit to Switzerland Friday. The former mayor of London said he was confident he could find a new deal with Brussels, but said he was ready to leave the negotiating table.

►To read: What would be the consequences of a " no deal "?

The most unlikely case would be to stop Brexit. Members would then decide to revoke Article 50, which formalizes the exit of the European Union. Everything would start from scratch as if the country had never voted. Even if the option is legally possible, it would be a slap for democracy. It seems suicidal for any government.

A new negotiation to find an agreement

There is one last chance, that of renegotiations with Europe. The future Prime Minister of the United Kingdom will probably play this card, but so far, the 27 have remained inflexible. For Europeans, going further would be contrary to the interests of the Union. The only door open is that of a new report Brexit to give time to British MPs ... But until when? The first tracks are expected at the end of June at the end of the next European summit.

In any case, Theresa May's race for succession could plunge the country into a constitutional crisis, warns the Times , which headlines: " All of that ends in tears . " As our correspondent in London, Muriel Delcroix , reports, the daily explains that Jeremy Corbyn, leader of the Labor opposition party, has already called for the immediate holding of general elections and threatened for this purpose to trigger a vote of mistrust in Parliament against the next prime minister.