BREXIT

Blanski - Malpighi

Blanski - Malpighi

Blanski - Malpighi

June 23, 2016 Remain Leave Blanski - Malpighi

48.1% 51.9% remain leave Results: 16,141,241 17,410,742 Blanski - Malpighi

remain leave London Scotland Northern Ireland England Wales Blanski - Malpighi

Article 50 – Lisbon Treaty “Any member state may decide to withdraw from the union in accordance with its own constitutional requirements.” It specifies that a leaver should notify the European council of its intention, negotiate a deal on its withdrawal and establish legal grounds for a future relationship with the EU. On the European side, the agreement needs a qualified majority of member states and consent of the European parliament. The only real quantifiable detail in the article is a provision that gives negotiators two years from the date of article 50 notification to conclude new arrangements. Failure to do so results in the exiting state falling out of the EU with no new provisions in place, unless every one of the remaining EU states agrees to extend the negotiations. Blanski - Malpighi

Important People: David Cameron Boris Johnson Nigel Farage Theresa May Blanski - Malpighi

Great Britain is the first country to leave the EU. So it is impossible to know what the consequences and outcome will be. Blanski - Malpighi

Pros of Leaving the EU * Better control on immigration * Stronger currency * Stronger international relations * Make decisions in the interest of the UK * Cost saving Blanski - Malpighi

Cons of Leaving the EU * Less influential on international level * Trade agreements damaged * Lose status as financial leader * Targeted as cause for European crisis * Very expensive and time exhaustive * Loss of free movement of travel and living Blanski - Malpighi