Wednesday, March 29, 2017

Theresa May Has Triggered Article 50, and It's Anyone's Guess What Happens Next

Nine months after Britain's historic vote to leave the European Union, the big day is finally here. British Prime Minister Theresa May triggered the formal process of removing her country from the EU Wednesday, which means that Brexit begins now—but what exactly that will mean for the UK is still anyone's guess.

Wednesday marked the beginning of a two-year period of complicated negotiations on the departure, casting the country of 64 million people into the unknown. If no deal is reached on the terms of Britain's exit and its future relationship with the bloc, the UK's membership will lapse anyway on March 29, 2019.

A letter signed by May was hand-delivered to Donald Tusk, President of the European Council in Brussels Wednesday, officially notifying the bloc that Britain was triggering Article 50 of the Lisbon Treaty in order to end its 44-year membership. Tusk told reporters that "there is no reason to pretend that this is a happy day, neither in Brussels nor in London. After all, most Europeans, including almost half the British voters, wish that we would stay together, not drift apart."

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