CURRENT AND EXPECTED EFFECTS OF THE POST-BREXIT PROCESS ON THE EUROPEAN UNION AND THE UNITED KINGDOM

Abstract

The network of unstable relations between the United Kingdom and the European Union for many years ended with the Brexit referendum held in the second quarter of 2016, so the United Kingdom left the European Union membership and had to continue in the global arena on its own. The alliance between parts has also included many conflicts and disagreements since the start of membership,1973, till now, and the series of conflicts have mostly resulted from economic, political and social reasons. Before the UK embarked on this path, both the deficiencies within the EU and the strong sides in its own domestic structure triggered the idea of Brexit more. Within the context of this study, the ongoing process of the UK's towards Brexit phase will be discussed since the period of the Conservative Party leader, David Cameron, by its justifications; also the developments after Brexit and the possible situations expected in the upcoming period will be evaluated in terms of economy, legal rights and foreign policy for both actors.