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EU summit: Hobbled Italy becomes Europe's sick man -

EurActiv, 24 October 2011- French President Nicolas Sarkozy and German Chancellor Angela Merkel yesterday (23 October) summoned Italian Prime Minister Silvio Berlusconi to make economic reforms capable of reassuring nervous markets.

EU states to speed up austerity, embrace 'limited' treaty change -

EUobserver, 23 October 2011 - Leaders of the EU's 27 member states met on Sunday (23 October) with little fresh to show in the face of the biggest crisis in the bloc's history, but did back a "limited" change to the EU treaty to deliver stronger economic convergence amongst eurozone countries.

Sarko and Dave: united in Libya, at war in Europe -

The Economist, 23 October 2011 - In a decade’s time, perhaps, the twin European summits on October 23rd may come to be seen as the moment when the 17 countries of the euro zone started to break away from the 10 non-euro states.

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Article 50 PDF Print E-mail
1. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements. bet365

2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament. bästa casino

3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period. Casino Online

4. For the purposes of paragraphs 2 and 3, the member of the European Council or of the Council representing the withdrawing Member State shall not participate in the discussions of the European Council or Council or in decisions concerning it. Siti Scommesse

A qualified majority shall be defined in accordance with Article 238(3)(b) of the Treaty on the Functioning of the European Union.

5. If a State which has withdrawn from the Union asks to rejoin, its request shall be subject to the procedure referred to in Article 49.