Exiting European Union; Lisbon treaty (Reform Treaty)
Q. Which article of the Lisbon Treaty deals with exit of a nation from the EU?- Published on 27 Jun 16a. 45
b. 101
c. 50
d. 30
ANSWER: 50
- Article 50 of the Lisbon treaty sets out how an EU country might voluntarily leave the union.
- Article 50 says: “Any member state may decide to withdraw from the union in accordance with its own constitutional requirements.”
- It specifies that a leaver should notify the European council of its intention, negotiate a deal on its withdrawal and establish legal grounds for a future relationship with the EU. On the European side, the agreement needs a qualified majority of member states and consent of the European parliament.
- The only real quantifiable detail in the article is a provision that gives negotiators two years from the date of article 50 notification to conclude new arrangements.
- The Treaty of Lisbon (initially known as the Reform Treaty) is an international agreement which amends the two treaties (Maastricht Treaty and Treaty of Rome) which form the constitutional basis of the European Union (EU).
