Key facts
- It has been 10 years since the UK voted to leave the EU.
- The UK economy is estimated to be 6% smaller due to Brexit.
- A planned EU-UK summit in July is uncertain due to a change in UK Prime Minister.
- The European Commission is open to using EU funds for migrant return hubs.
- Ukraine's intensified attacks on Crimea's infrastructure have led to security measures by Russian-installed officials.
Ten years after the United Kingdom voted to leave the European Union, the country continues to grapple with the economic and political consequences. The anniversary coincides with a period of significant political transition in the UK, with Prime Minister Keir Starmer stepping down, leading to uncertainty about a planned EU-UK summit.
The British economy has reportedly shrunk by 6% due to Brexit, with declines in investment and rises in unemployment. Meanwhile, the political landscape is shifting, with the rise of Reform UK, a party led by arch-Brexiteer Nigel Farage, topping national polls.
In parallel, the European Commission is considering proposals to finance 'return hubs' for migrants, a move met with opposition from French President Emmanuel Macron. Separately, European Commissioner Dubravka Šuica undertook a trip to Israel, while Ukraine's intensified military campaign in Crimea has led to security measures and disruptions on the peninsula.
Other developments include the EU's reassessment of banning Chinese-made inverters, Belgium issuing visas to a Taliban delegation for migration talks, and the EU potentially decoupling Moldova's accession bid from Ukraine's. European Parliament President Roberta Metsola is also scheduled to hold a press conference with the Irish Prime Minister.