#BREXIT had already started! Watch the statement by Martin #Schulz, President of the European Parliament, on the outcome of the UK #referendum (23/06/2016). [ Ссылка ] #eudebates #Brexit #EuropeanParliament #UnitedKingdom #VoteBrexit #BREXITDeal #NoDeal #Referendum
Following the extraordinary Conference of Presidents of the #EuropeanParliament, Martin Schulz, #EP President hold a press conference on the outcome of the #UKreferendum.
UK is due to leave the European Union (EU) at 23:00 GMT on 31 October 2019. For those not following every twist and turn, Brexit - British exit - refers to the UK leaving the EU.
Brexit was due first to happen on 29 March 2019. That was two years after then Prime Minister Theresa May triggered Article 50 - the formal process to leave - and kicked off negotiations. But the Brexit date has been delayed twice.
The UK and the EU agreed a deal in November 2018 but MPs rejected it three times.
Join the BREXIT #eudebate
Could the UK leave with no deal? YES!
Will a no-deal Brexit cause CHAOS? YES!
What happens next with Brexit?
#eudebates
Article 50 TEU: Withdrawal of a Member State from the EU
[ Ссылка ]577971_EN.pdf
The right of a Member State to withdraw from the European Union was introduced for the first time with the Lisbon Treaty; the possibility of withdrawal was highly controversial before that. Article 50 TEU does not set down any substantive conditions for a Member State to be able to exercise its right to withdraw, rather it includes only procedural requirements. It provides for the negotiation of a withdrawal agreement between the EU and the withdrawing state, defining in particular the latter's future relationship with the Union. If no agreement is concluded within two years, that state's membership ends automatically, unless the European Council and the Member State concerned decide jointly to extend this period. The legal consequence of a withdrawal from the EU is the end of the application of the EU Treaties (and the Protocols thereto) in the state concerned from that point on. EU law ceases to apply in the withdrawing state, although any national acts adopted in implementation or transposition of EU law would remain valid until the national authorities decide to amend or repeal them.
A withdrawal agreement would need to address the phasing-out of EU financial programmes and other EU norms. Experts agree that in order to replace EU law, specifically in any field of exclusive EU competence, the withdrawing state would need to enact substantial new legislation and that, in any case, complete isolation of the withdrawing state from the effects of the EU acquis would be impossible if there is to be a future relationship between former Member State and the EU. Furthermore, a withdrawal agreement could contain provisions on the transitional application of EU rules, in particular with regard to rights deriving from EU citizenship and to other rights deriving from EU law, which would otherwise extinguish with the withdrawal.
