Sunday, March 19, 2017

Article 50

After reading several articles on the current news concerning Brexit, I saw that Theresa May has decided to invoke Article 50 earlier than anticipated. Article 50 outlines the process of what a state must do in order to leave the European Union. Once the article is activated, Britain will start their two year process of finalizing their departure from the EU. Many people think that May's haste in triggering the article stems from the increasing inflation, higher unemployment rates, and an increase in taxes that all have ensued since the vote to leave occurred. Some also are skeptical of the rush to begin taking action because of the already hot political climate in Europe. It is believed that she should have pushed back until the fall months when the elections in France, Germany, and Holland are over with. 

After becoming more familiar with the process a state must take in order to leave the EU, I agree that she probably should have waited to begin the process after the elections in those three countries. This would give her an idea of what political climates she will be negotiating with when the time comes to make trade deals with the other European countries. 

Interestingly, according to a poll taken after May triggered the article, almost 50% of Britons do not currently believe that Britain will complete the process of exiting the European Union by the two year deadline. Although the article did not outline the reasons behind some of the voters opinion, I believe that many Britons feel that there is too much to negotiate in that time and the early jump on the article will make those negotiations even more difficult to determine. I am excited to spend a couple days in London and to talk with the locals in order to get an idea of their opinions on their state's current situation in the matter. 

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