The United Kingdom has been facing the Brexit issue since 2016. Some people support the Brexit,
as Theresa May has stated “It’s what the British people want” (Before this she was not in
favor of it. Only after seeing the voting outcome, she then changed sides). Others oppose of it,
due to the decrease in value in the british pound.
as Theresa May has stated “It’s what the British people want” (Before this she was not in
favor of it. Only after seeing the voting outcome, she then changed sides). Others oppose of it,
due to the decrease in value in the british pound.
European Union
Created on November 1st of 1993, The European Union is a political and economic union of 28
european countries. According to the official European Union website, the EU was created to promote
peace, offer freedom, offer a sustainable environment for economic growth, combat social exclusion &
discrimination, promote scientific and technological progress, as well as many other things.
european countries. According to the official European Union website, the EU was created to promote
peace, offer freedom, offer a sustainable environment for economic growth, combat social exclusion &
discrimination, promote scientific and technological progress, as well as many other things.
People who live in countries in the European Union are free to live, work, and get an education in any
country that is also part of the EU, since they have both citizenship in the EU and their country of birth.
country that is also part of the EU, since they have both citizenship in the EU and their country of birth.
How The Brexit Affects The EU
According to Alex Hunt & Brian Wheeler of BBC News, “Article 50 is a plan for any country that wishes
to exit the EU. It’s pretty short - just five paragraphs - which spell out that any EU member state may
decide to quit the EU, that it must notify the European Council and negotiate its withdrawal from the
EU, that there are two years to reach an agreement - unless everyone agrees to extend it - and that
the exiting state cannot take part in EU international discussions about its departure.”
to exit the EU. It’s pretty short - just five paragraphs - which spell out that any EU member state may
decide to quit the EU, that it must notify the European Council and negotiate its withdrawal from the
EU, that there are two years to reach an agreement - unless everyone agrees to extend it - and that
the exiting state cannot take part in EU international discussions about its departure.”
The agreement between the EU and the UK has been delayed twice. The original agreement date was
March 29 of 2019, then it was delayed until April 12, 2019. Currently, the UK and the EU have not
reached an agreement.
March 29 of 2019, then it was delayed until April 12, 2019. Currently, the UK and the EU have not
reached an agreement.
The Brexit & The Economy Of The UK
The UK economy is also affected by the Brexit. The same day the vote was cast to leave the EU, the
British pound dropped in value, and still is 10% lower compared to the American dollar and 15% lower
compared to the euro.
British pound dropped in value, and still is 10% lower compared to the American dollar and 15% lower
compared to the euro.
Other than that, the economy has seen some improvements since 2016. There was a 1.8% GDP
increase. This was due to more people being employed and the current unemployment rate being at
its lowest (4.4%).
increase. This was due to more people being employed and the current unemployment rate being at
its lowest (4.4%).
Conclusion
The Brexit has been an issue for both the UK and the EU since 2016, when the UK announced that it
was to leave the European Union. Article 50 states that countries can leave the European Union,
but it takes a lot of planning and negotiation before a deal can be reached. The UK leaving the
European Union means a lot of change for citizens of both. Policies would change tremendously for
people leaving and entering the UK for work or personal reasons.
was to leave the European Union. Article 50 states that countries can leave the European Union,
but it takes a lot of planning and negotiation before a deal can be reached. The UK leaving the
European Union means a lot of change for citizens of both. Policies would change tremendously for
people leaving and entering the UK for work or personal reasons.
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