BREXIT.

WHAT’S BREXIT?
The “exit” of the UK from the EU, known as Brexit, was the process that permitted the leaving of the United Kingdom from Europe. The withdrawal of the country was formally announced at the end of March 2017, afterwards it was postponed for a while by the parliament.

Following general elections, the UK Parliament ratified the withdrawal agreement so that the United Kingdom left the UE at 11:00 pm of 31 January 2020. During a short stretch of time, the UK remained in the Custom Union and in the Market of EU, without being part of the political institutions. When this period ended, the relationships between UK and UE started being regulated by the deal signed on 24 December 2020, that has as a main consequence the cutting of London’s companies out from the common Market.

The withdrawal was sustained by many Eurosceptics and pro-European groups; the United Kingdom joined European Communities in 1973 and confirmed again with the referendum of 1975. The formal process of exit of UK was started on the 29 March of 2017 bringing the action of the article 50 of the EU’s deal (agreeing the parliament). In June 2017 the prime minister Theresa May held general elections which led to a new government sustained by Democratic Unionist party that as consequence had the beginning of the withdrawal negotiation at the end of June 2017. UK’s parties were divided: the Labor party wanted any deal for maintaining Custom’s union, instead the Conservative party opposed to the “Irish backstop”. Since the deal that Theresa May did for postponing Brexit, she resigned, and she was replaced by Boris Johnson that promised to leave the EU within the new deadline. Following early elections, Johnson announced the withdrawal of the UK at the beginning of 2020; it has entered into force on 31 January.

WHAT ARE THE CONSEQUENCES?
Many consequences of Brexit will depend both on how close the relationship was with the UK and on the fact that this exit will end without an agreement (“BREXIT WITHOUT DEAL”). Most of UK’s economists think that Brexit will damage the United Kingdom economy and will reduce the individual income. It is possible that Brexit could reduce the immigration in the countries of the European Economic Space; following Brexit, the EU Justice Court and laws will not have the same prominence on UK’s Supreme Court and laws anymore.

LET’S READ THE INTERVIEW OF THE PRIME MINISTER BORIS JOHNSON:
“THAT’S NOT THE END, BUT THE BEGINNING OF A NEW ERA”
This is what Boris Johnson said to the British people with a short but intense speech before the formal announcement of Brexit: ”For many people that’s an incredible moment of hope, that we thought would never arrive. Our job as government is to let this Country advance.” This was what the Prime minister said, who will have to negotiate the new terms of the Brexit with 27 partners of EU. “Brexit is a moment of national change that will allow the UK to check immigration and to create free harbours”.