GUY VERHOFSTADT, who has played a critical role in the Brexit debate, is set to be replaced in his role as Chair of the EU’s Brexit Steering Group and Brexit Coordinator for the European Parliament.
The EU chief is expected to get a big role in the new 'Conference on the Future of Europe'.
The new position is expected to encourage further engagement within the bloc.
The proposed 'Conference on the Future of Europe' plans to address a range of issues as the bloc seeks to rebuild following Britain’s EU exit.
Both German Chancellor Angela Merkel and French President Emmanuel Macron proposed the blueprint over the future of the Brussels club.
The plans have already been given the seal of approval by European Commission President Ursula von der Leyen.
The conference is expected to be headed up by someone who would play a key role between the Commission, Council and Parliament.
“The Conference should commit itself already in the inter-institutional mandate to produce tangible and concrete results," it says.
The plan adds: "The final document with recommendations should be presented to the European Council for debate and implementation."
The proposed plan will see initial talks focus on “EU democratic functioning” and how future leaders are selected.
The plan also pledged a “bottom-up process” which will give EU taxpayers the chance to help shape the future of the Brussels project.
The Franco-German non-paper says: “As proposed by the new European Commission, the process should follow two phases, on the basis of on inter-institutional mandate to be agreed in January 2020.
“The mandate / institutional setting could be simplified for phase 1, to ensure an early start.
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“Phase one would start as early as February 2020, until the summer of 2020, and focus on issues related to EU democratic functioning.”
The conference is expected to be tasked with drafting new EU laws and changes to EU treaties.
Mr Verhofstadt, who is also part of the Renew Europe group, in the European Parliament, has played a key role throughout the Brexit debate.
The EU chief became a frustrating figure among Brexiteers and in documentaries about Britain’s departure from the bloc appeared to play a prominent role behind the scenes.
Mr Verhofstadt has been particularly vocal about the rights of EU citizens living in the UK when faced with the threat of Brexit.
In the lead up to the December General Election, Mr Verhofstadt also campaigned alongside the Liberal Democrats, who were fighting to halt Brexit.
But, despite his efforts, Britain overwhelmingly backed Conservative Party leader Boris Johnson who vowed to “get Brexit done”.
Mr Johnson secured a thumping majority of 80 in the House of Commons, as the election proved to be the Labour Party’s worst result since the Second World War.
Britain is currently scheduled to officially leave the European Union on January 31 - paving the way for critical trade negotiations to begin.
The UK will then enter a transition period until the end of 2020 - where Prime Minister Johnson aims to secure an agreement with the bloc.
