WITHDRAWAL FROM THE EUROPEAN UNION ACCORDING TO ART. 50 OF THE TREATY OF LISBON. PRACTICAL APPLICATION – BREXIT

Adriana Deac ()
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Adriana Deac: Law Department, Bucharest University of Economic Studies

Perspectives of Law and Public Administration, 2016, vol. 5, issue 1, 29-32

Abstract: Lisbon Treaty on the Functioning of the European Union regulates Article 50 posbilitatea Member States to withdraw voluntarily respecting national constitutional provisions. BREXIT (Britain and exit) is the term that has been named Britain's withdrawal from the European Union. Following a consultative referendum held in the UK in June 2016 52% of the votes cast were in favor of leaving the EU. The new prime minister of Great Britain, Theresa May announced that by the end of March 2017 the government he leads will invoke Article 50 of the Treaty on the Functioning of the European Union, triggering the formal withdrawal, it will be finalized by in late March 2019. Beyond the political and economic implications, unprecedented in the perste 60 years of the Eu ropean Union (including the three European Communities), the procedure of withdrawal from the European Union and Brexit site raises a number of legal issues, uniqueness being the consequence of the that such a procedure has never been used again anyway not in this form, on the one hand and, on the other hand, it is a state belonging to the system of common law based on judicial precedent which, in this case , does not exist.

Keywords: withdrawal Brexit; the European Union; the Treaty of Lisbon; UK referendum. (search for similar items in EconPapers)
JEL-codes: K33 (search for similar items in EconPapers)
Date: 2016
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