Europe has given a collective sigh of relief to news that the UK will finally trigger Article 50 next week, beginning divorce proceedings from the European Union.
It was last June that Britain voted in a referendum to leave the EU, but its taken until now for a March 29 date to be set. Under the Article 50 process, talks on the terms of exit and future relations are not allowed until the UK formally tells the EU it is leaving.
French Finance MInister Michel Sapin said:
“A lot of time has passed. I think the British authorities needed this time to prepare but finally we are going to get into the heart of the issue and I hope we do this constructively on both sides.”
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