Great Britain To Trigger Art. 50 of Lisbon Treaty on March 29, 2017

World » EU | March 20, 2017, Monday // 14:29
Bulgaria: Great Britain To Trigger Art. 50 of Lisbon Treaty on March 29, 2017 BGNES

The British government intends to trigger Art.50 of the Lisbon Treaty for leaving the European Union on March 29, confirmed the spokesperson of PM Theresa May, reported Reuters.

Earlier, the agency cited EU sources, according to which, Brussels has already been informed of May’s intentions.

The triggering of Art. 50 of the EU Treaty will set the beginning of the negotiations between Great Britain and the EU which should start in a fee weeks. Under the treaty, these may not continue for more than two years. An extension of the negotiations may only occur with the agreement of Great Britain and the remaining 27 member-states.

May’s cabinet expects the negotiations to start as soon as possible, while Brussels’ initial response must arrive within 48 hours, reported BBC.

Until the end of next week, Donald Tusk must give the governments of the remaining 27 member-states directions on the negotiations. The final stance on the issue must be adopted at a meeting in early May.

According to the current schedule, Brexit must become a fact in March 2019.

May herself announced in January that it is her job to conclude “a good deal for Britain” during Brexit but it will be better to have no deal at all rather than a bad one.

 

EU » Be a reporter: Write and send your article
Tags: Great Britain, EU, Brussels, Lisbon Treaty, Brexit, negotiations, theresa may, Donald Tusk, Brussels

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria