Sunday, June 26, 2016

UK: "I love You EU or I hate you EU"

Brexit: Britain exit from the EU(European Union). It is originated from what has earlier happened i.e; Grexit(Greek's exit from the EU).

Now the question arises that why United Kingdom aka... The Great Britain wants to exit from one of the strongest union of the world i.e; the European Union. It is because in the annual budget Britain was giving in bunch but it was getting in the pinch amount. All it's fund was given to the other weaker countries. As UK is one of the strongest country in the EU(Comprising of 28 countries). If we talk about the FY-2k15, UK contributed 12.57% i.e; 8.5bn Euro in 2015, which was the third largest followed by Germany(21.36%) and France(15.72%).
           
So, for the above concern the referendum was held dated 23rd June'16 on the demand of the general public that UK should remain in the EU or should leave?
           
The results were out and it showed that- 52% people want UK to leave EU and only 48% want to remain. The bond which created about 43 years ago (in 1973) was now truly been opposed by the general public. David Cameron, PM of UK, though want UK to be the part of the EU, is now tensed for so many issues regarding the trading and for the people living in the other parts of the EU. So, he is taking time to sign the agreement which will then be converted into the 2 years negotiation period to leave/ remain in the EU.
         
On the other hand few people who wants UK to still be the part of EU, are asking for the re-election by saying that the turnout was only 71.8% (though it was the highest turnout in UK since 1992 general elections).
         
Now the next step is dependent on David Cameron and other successors that what they mutually decide for this issue and together take the decision of whether to stay or leave one of the greatest union; European-Union.

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