EU Judges Could Dictate Article 50 Terms

Unaccountable officials at the European Court of Justice may be called in to rule on the nature of Britain’s divorce talks with Brussels in a dynamite development. 

Legal experts say European judges will likely have to pass verdict on whether Article 50, which begins the UK’s formal exit negotiations, can be revoked after activation.

If they were to rule that the notification could be withdrawn it would significantly strengthen the hand of europhiles like Nick Clegg and Ed Miliband who are calling for a parliamentary vote or even a second referendum on the deal Theresa May secures with Brussels.  

Critics today branded the situation a “mess” and urged the Prime Minister to sidestep Article 50 altogether by passing an act of parliament repealing all EU laws. 

Top lawyers have said that the controversial legal trigger for leaving the bloc, which has never been activated before, is a legal minefield because of its ambiguous wording. 

Buried deep in the Lisbon Treaty, eurosceptics say Article 50 is so ambiguous and full of holes because arrogant Brussels bureaucrats never conceived that anyone would want to leave their club. 

via Express

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza