Skip to comments.Britain to trigger Article 50 'EU divorce process' on March 29
Posted on 03/20/2017 5:12:38 AM PDT by Trump20162020
The British government has said it will trigger Article 50, formally starting the process of leaving the European Union, on March 29.
The move will start the clock ticking on a two-year countdown to Brexit and allow negotiations to start between London and Brussels in the coming weeks.
(Excerpt) Read more at euronews.com ...
2 year countdown? Who/what established that timeline? Is the 2 years set by the treaty, or folks with cold feet...?
The general belief is that some parties within the EU intend make this as difficult as possible, as a warning to other future countries trying to exit. The trade portion of this alone, will likely fail, and I suspect they will exit without an agreement in the end.
You have to look ahead. France will likely be run progressive Macron, and Germany by Schulz (not Merkel) by the end of this year. It will be an EU for the next four years dominated by the far left. That alone, will hinder any positive agreement for the UK in the end.
Why do the Brits need to negotiate with Brussels?
Can’t they just say, “Bye!” and be done with it?
How often do we see this?
“SOMETHING” is a-gonna happen in days/week/years, etc.
They let the ENEMY get set—fight smarter and better, and then the ‘IT’ NEVER HAPPENS!
Any predictions on the value of the pound vs dollar in April? How about the Euro? We live in interesting times...
Oh, I’m looking ahead. The last country with any assests still in the EU will be left holding the bag. If the Brits have any brains, they’ll hit ludicrous speed on their way outta the EU.
I just read Article 50. The 2 year time period is not obligatory. The article just specifies that exit will occur after 2 years. Looks to me like the Brits could bug sooner rather than later. So why bug later, eh?
Because there are issues that need to be worked out. All the trade arrangements they hold within the EU could be overturned if they just bolted without negotiation, for example. What happens to British firms that have holdings in EU regions? What about the reverse, EU banks or financial institutions with major centers in London? British expats living in, say, Spain, what happens to them? Et cetera.
They need to work this out and the EU is going to go out of their way to make it extra painful. But if they simply walk out it would be more so.
Jeez, I’m not an MBA, but I would hope any sizeable contracts would include language on what would take place in the event of a bug out. I’m just really concerned that Remainers are going to use that 2 years to throw a spanner in the works.
Back two months ago, I was reading a piece which noted that the EU had decided that their whole way ahead on this negotiation episode...would be totally in French. Nobody from May’s team has said much but I would assume that there’s not going to be much serious talk, and the Brits will just stand up one day and say they are finished...with no final agreement.
This is Reuters. They and the Euro twits like Schulz and van Riemsdyk or whatever his name are all engage in wishful thinking. They couldn’t shine Nigel farage’s shoes if they tried!
Make Britain Great Again.
Yes, but that would mean leaving without any type of trade deal with Europe in place, very confused situations regarding the rights of Britons in Europe, in terms of travel - there are all sorts of issues. It is in Britain's interest to negotiate the best terms possible on exit.
The process doesn't have to take two years. If deals can be worked out faster that both sides regard as satisfactory (or at least the best they're going to get), exit can occur sooner. Two years is simply the default period after which exit will automatically occur, unless a longer or shorter period is agreed to.
"Making Britain Great again"!!!!!
The Drum-beat for Freedom!
Britons Teresa may waved the magic pen....Article 50 ...evoking Britons Exit after 2 yrs. of negotiations....Freedom!...
See post 16...I am already celebrating!!!
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