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EU-UK Brexit is unlikely to be stopped

Wednesday, February 14, 2018

Significance

This comes after the Telegraph reported last week that Soros had donated 400,000 pounds to the group. There is an ongoing debate as to whether the United Kingdom will in fact leave the EU. Central to it is the question of whether the UK government can unilaterally revoke its decision to trigger Article 50 in March 2017.

Impacts

  • Voters would be less likely to support the revocation of Article 50 if the Council imposed conditions that made membership less attractive.
  • Revoking Article 50 and remaining in the EU would reduce damage to the UK economy.
  • If Article 50 is revocable, Eurosceptic governments could be tempted to use the prospect of triggering it as leverage in EU negotiations.

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