Brexit

What does Brexit mean for Europe’s future?

Lizzie O'Leary Jun 24, 2016
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BERLIN, GERMANY - MAY 26: European Union (L) and British Union Jack flags hang at a meeting for British citizens living in Germany to discuss the implications of Great Britain leaving the European Union, known popularly as Brexit, on May 26, 2016 in Berlin, Germany. On June 23, 2016, UK citizens will vote on a post-legislative referendum on the country's membership in the European Union.  Adam Berry/Getty Images
Brexit

What does Brexit mean for Europe’s future?

Lizzie O'Leary Jun 24, 2016
BERLIN, GERMANY - MAY 26: European Union (L) and British Union Jack flags hang at a meeting for British citizens living in Germany to discuss the implications of Great Britain leaving the European Union, known popularly as Brexit, on May 26, 2016 in Berlin, Germany. On June 23, 2016, UK citizens will vote on a post-legislative referendum on the country's membership in the European Union.  Adam Berry/Getty Images
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Britain’s vote to leave the European Union is already influencing stocks — European and global markets are in turmoil — and there are questions about how the United Kingdom’s departure will affect relationships and trade in Europe and the world. 

With Scotland and Ireland reeling after being out-voted by England and Wales, the ties that bind the U.K. are under strain. British Prime Minister David Cameron announced his intentions to resign, while other European leaders called for a quick departure. 

The U.K. and Europe will determine their next steps in a yearslong negotiation process. Marketplace European correspondent Stephen Beard joins Marketplace Weekend from London to discuss the Brexit’s immediate and long-term effects. 

Listen to the full interview using the player above. 

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