José María Mateos on Sun, 26 Jun 2016 04:26:36 +0200 (CEST)


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Re: <nettime> England leaves Europe


On Sat, Jun 25, 2016 at 11:48:02PM +0100, Richard Barbrook wrote:

>The City boys in the pub last night said that the banks are warning
>their employees that their jobs will be relocated to Frankfurt or
>Dublin if Brexit ever happens for real ...

http://jackofkent.com/2016/06/why-the-article-50-notification-is-important/


-----
On Thursday 23rd June 2016 there was a historic referendum vote. A clear 
and decisive majority – though not a large majority – voted for the 
United Kingdom to leave the European Union.

And the following day, Friday 24th June 2016, something perhaps just as 
significant did not happen.  The UK did not send to the EU the 
notification under Article 50 of the Lisbon Treaty on European Union 
which would have commenced the withdrawal process.

The Article 50 process is the only practical means by which the UK can 
leave the EU. There are other theoretical means – which would mean 
effectively the UK unilaterally renouncing its treaty obligations – but 
as the UK wants to be taken seriously in future treaty making, such 
approaches would lose credibility.

And so unless and until the Article 50 process is commenced and 
completed, the UK will stay as a member of the EU.

In short: no Article 50, no Brexit.

[...]

In my view, if the Article 50 notification was not sent yesterday – the 
very day after the Leave result – there is a strong chance it will never 
be sent.

If this view is wrong, it remains the case that those with a sincere 
interest in the issue of UK’s membership – whether Remainers or Leavers 
– should keep their eyes on the Article 50 notification, regardless of 
noise and bluster and excuses.

As long as the notification is not sent, the UK remains part of the EU.

And there is currently no reason or evidence to believe that, regardless 
of the referendum result, the notification will be sent at all.
-----

Also, there are pretty interesting points on this Charles Stross' blog 
post: 

http://www.antipope.org/charlie/blog-static/2016/06/constitutional-crisis-ahoy.html

Best,

Chema.

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