@Byron, Chancellor Merkel cannot invoke article 50 because only the member state that decides to leave can invoke it.
I fully understand this. The analysis was not mine, but even so the author was not suggesting this either. Some members of the EU apparently want the UK to leave ASAP (there are clearly political issues behind this, we needn't get bogged down in those), but Chancellor Merkel's position is that only the UK can trigger Article 50, and political analysts see this as clever reasoning on her part to allow the UK time to fully consider the implications and (hopefully in her view and many others) pull back and remain, however they may do this. There are several methods if they decide accordingly, this is by no means a done deal
unless the UK government makes it so, and they still have the authority and option of remaining in the UK.
In hindsight, PM Cameron may have been better to have not resigned, and if some political stability could be established (which is always possible if the players show true leadership and maturity) taken this forward and found the means to set aside the outcome of the referendum. As the analysis I cited, and other comments in this thread, plainly show, this is not legally binding and there may be several avenues opening to circumvent it. The likely issue in Ireland should be something no one wants to see, and it would indeed be catastrophic for the UK to disintegrate over what was a mistake in the first place.
Merkel, Hollande and Renzi have disappointed, but not surprised me by refusing to talk about any terms for leaving before the UK does invoke article 50.
In my view, it would be unfortunate for any members of the EU to start spouting off terms and conditions, until the UK has officially made the request. And that is not likely, or certainly should not be undertaken, until there is a much clearer understanding of the implications for such an action. It is obvious that no one in the UK has thought through the implications, or they would not find themselves in the position to begin with.
The problem is that fundamentally the EU is the United States of Europe by the back door and is about the slow but steady progress towards the final creation of a super-state. That is why it has a flag, an anthem, a single currency and 3 presidents. That is also why it wants to create its own army.
I would respectfully suggest that this may be an over-reaction. I admit I am not well versed in the machinations of European politics, but given the immense benefit of a force like the EU in global affairs, in this age of globalization which no one can disavow, I see this very differently.
Byron.