Open AccessThe EU after Brexit: Key Geopolitical and Geo-Economic Challenges
Author(s) -
Petr Yakovlev
Publication year - 2020
Publication title -
perspektivy
Language(s) - English
Resource type - Journals
ISSN - 2411-3417
DOI - 10.32726/2411-3417-2020-1-30-44
Subject(s) - brexit , geopolitics , parliament , european union , secession , political science , european commission , politics , commission , member states , single euro payments area , economy , political economy , european integration , international trade , law , economics
The decision on Britain’s secession from the European Union, taken by the British Parliament and agreed by London and Brussels, divided the Union history into “before” and “after”. Not only will the remaining member states have to “digest” the political, commercial, economic and mental consequences of parting with one of the largest partners. They will also have to create a substantially new algorithm for the functioning of United Europe. On this path, the EU is confronted with many geopolitical and geo-economic challenges, which should be answered by the new leaders of the European Commission, European Council, and European Parliament.