Tag Archives: Britain

Brexit – The Beginning of the End?

The prospective of an exit of the UK from the EU has turned from a distant opportunity and a bargain chip into something quite real. It very well may happen that early this summer the EU will lose, for the first time, a member state.

For the EU, this could mark a potential watershed beyond which a much loser agglomeration of states would constitute a weaker union. Also, a less liberal one. There would be a whole range of agreements that have to be annulled, or re-negotiated. The EU also would have to secure its fabric and avoid that other member states also claim special rights for themselves.

For the UK a phase of deep uncertainties would begin. There are no bilateral trade agreements with individual member states of the EU. The future of the City of London would be even more uncertain. And Scotland may finally opt to leave the rest UK.

So would the EU become more consistent without a UK notoriously asking for a special relationship? Or would this indicate the beginning of the end?

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