Former top EU Lawyer warns UK will suffer up to 20 years of Economic pain following BREXIT

Jean-Claude Paris, a key legal figure in EU treaties, is known for his work on Article 50, which allows a country to exit the EU. Although initially thought unlikely to be used, it was anticipated that the UK might invoke it due to its ambivalent EU stance. Paris believes Article 50 can be revoked, allowing a change of mind. Post-Brexit, the UK will face challenges like losing trade agreements and needing to replace EU laws. The transition will be costly and lengthy, with potential benefits only in the distant future. EU reforms may be delayed as focus shifts to the Brexit settlement.

Who was Jean-Claude Paris in the context of EU treaties?

• A member of the European Parliament

• A trade negotiator for the EU

• A top Brussels lawyer

• A former UK Prime Minister

What is the significance of Article 50 in the EU context?

• It governs the EU's environmental regulations

• It details the EU's immigration laws

• It allows a country to exit the EU

• It outlines the EU's trade policies

According to Jean-Claude Paris, what is possible even after triggering Article 50?

• Rejoining the EU immediately

• Ignoring EU laws

• Changing the decision to leave the EU

• Negotiating new trade agreements

What is one major challenge the UK will face post-Brexit?

• Increased EU influence

• Simplified legal processes

• Loss of existing trade agreements

• Immediate economic growth

What does Jean-Claude Paris suggest about the long-term impact of Brexit on the UK?

• It will lead to immediate prosperity

• It will have no impact

• It will be challenging for the next 15 years

• It will be beneficial immediately