The Official Date for Brexit…
Despite Theresa May’s rough start as Prime Minister, she’s pulled through with Brexit. She has informed the European council that she will trigger article 50 on Wednesday 29th March.
Triggering article 50 will initiate a two year countdown for Brexit. Within those two years a deal must be settled.
This date is a little over a week away and people are already excited. Twitter is currently flooded with positive tweets about the situation. However there will always be some tweets made by the less educated (see the last tweet in the series posted).
A “Divorce Bill” is on the way
It seems as if the UK’s ambassador to Europe has warned that the EU will push for Britain to pay a hefty Brexit “divorce bill” when the article is triggered.
There are estimations and concerns of this bill being as high as £60 billion. This surely is not a bill that the UK could easily pay, and it seems as if the EU know this.
What seems interesting is that the right wing parties in France and the Netherlands plan to leave the EU as well. Could the UK’s plan to leave the EU have influenced other countries? Likewise, is this concerning the EU in terms of funds?
According to a spreadsheet released by the Telegraph, the UK pays the fourth highest premiums to be in the EU. It is no surprise that Germany pays the most. With Britain being a huge contribution to the EU’s funds, it is obvious that The EU will do anything to keep the UK in the game for as long as possible.
However the UK is certain that their decision was final. However since this is the first time that a nation has ever speculated leaving the EU, it will become difficult to leave.
It is necessary to unpick 43 years’ worth of treaties and agreements. This covers thousands of different subjects- thus the process is not going to be a straightforward task. Speculations of negotiators marking things up as they go along is also apparent.