European Commission issues Brexit contingency action plan

By Ronald Boumans, Emergo Group

The UK has voted in a referendum to leave the European Union (EU). The procedure, described in article 50 of the Treaty of the European Union, started on March 30, 2017 and should take two years at a maximum. With less than 100 days to go and the UK Parliament not voting on the withdrawal agreement, it has become more likely that the UK will leave the EU without an agreement. This will result in a “no-deal” or “cliff-edge” Brexit. If that happens there will an abrupt end to the Single Market relation between the UK and the EU, which would have serious consequences.

Get the full story here at the Emergo Group’s blog.

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