Question

What is Brexit? What are the reasons for it? When will Brexit become final? What will be the consequences?

What is the European Union? When did it begin, why was it formed, how has it evolved over time? How does it work (what are its institutions)?

Answer 1

1. Brexit is the European Union's term for a "British departure." The UK. Leaving the EU 31 January 2020. The Brexit process began on 23 June 2016 when the UK voted to leave the EU. The people agreed that the benefits of belonging to the single monetary group no longer outweighed the costs of free immigration movement. The vote was 17.4 million in favor, vs. 15.1 million who voted to quit

The UK Have suffered from Brexit already. The economy has slowed down, and several firms have moved their headquarters into the EU. Here are some of the implications for growth, commerce and employment. This will also have broad implications for Ireland, London and Scotland. The greatest downside from Brexit is its threat to economic development in the UK. Much of this was due to the confusion surrounding the end result. Brexit turmoil reduced UK growth from 2.4 per cent in 2015 to 1.5 per cent in 2018. The K.U. The government projected that, over 15 years, Brexit will decrease British growth by 6.7 per cent. This is when there is a trade deal with immigration limits

The Brexit vote has boosted anti-immigration parties all over Europe. When such parties gain more ground in France and Germany, they could force a referendum against the EU. The EU will lose its most competitive economies and collapse if one of those countries left.

2. European Union (EU), an international organization, comprising 27 European countries and regulating shared cultural, social and security policies. In the early 21st century, the EU originally limited to Western Europe, pursued a vigorous expansion into Central and Eastern Europe. The members of the EU include Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Spain and Sweden. The UK, which was a founding member of the EU, left the organization in 2020

The EU was created by the Maastricht Treaty, which entered into force on November 1, 1993. The treaty was intended to promote European political and economic integration through the establishment of a single currency (the euro), a unified foreign and security policy and shared citizenship rights, and the development of cooperation in the areas of immigration, asylum, and justice. In 2012, the EU was awarded the Nobel Peace Prize, in recognition of the efforts of the body to foster stability and democracy in Europe.

The council president, whose bureau rotates every six months between council members, oversees the legislative agenda. Council meetings are headed by a country minister currently holding the Presidency. The exception to this rule is the Council of Foreign Affairs which is under the permanent oversight of the EU High Representative for Foreign Affairs and Security Policy after the adoption of the Lisbon Treaty.

The overhaul of the legislative process was among the most drastic changes. In the Council of Ministers, the spectrum of policies open to qualified majority voting has been broadened. For most cases subject to eligible majority voting, the Treaty also provided Parliament with a restricted right of rejection of legislation, and in a few cases, including citizenship, it was granted veto power. The Treaty formally introduced into the EC the Court of Auditors, established in the 1970s to control revenue and expenditure.