Britain May Find Leaving the EU Takes Longer Than Joining: Chart

The U.K. won’t leave the European Union any faster than it joined it. The bloc’s track record in agreeing speedily is slim, with the 1958 Treaty of Rome being the only major EU accord settled in less than 24 months -- the time Britain is granted to negotiate its exit. While that would put the country on track to part from its 27 peers at the end of 2018, two and a half years after its referendum, elections next year in Germany and France may disrupt what is already an ambitious timetable, Morgan Stanley economists Jacob Nell and Melanie Baker wrote in a report.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE