Matthew Lynn’s London Eye: Three ways today’s triggering of Brexit will change Britain and Europe

Soon, the Union Jack won’t be flying at the European Commission headquarters in Brussels.

LONDON (MarketWatch) — It was a quiet, low-key moment, with little drama or fanfare. At 12:30 today, Sir Tim Barrow, Britain’s permanent representative to the European Union, left a routine meeting of EU ambassadors to personally deliver a letter on behalf of the British government to Donald Tusk, the president of the European Council.

Article 50, which will begin the two-year process of leaving the EU, was finally triggered.

But the lack of ceremony should not obscure the importance of the moment. In truth, triggering Article 50 will change both Britain and the European Union profoundly.

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