A future in the EU? Reconciling the Brexit' debate with a more modern EU
15/09/2014The future of the British EU membership has become one of the most
pressing concerns for the EU. The EU-British relationship has
always been one of special character but a number of recent
developments have led to a ‘Brexit’ gaining momentum. Only the UK
itself will be able to rationalise the domestic debate on EU
membership. Economically, Britain and the EU are inextricably
linked. Realistic estimates predict losses in the range of 1 to 3%
of British GDP in case of a Brexit. Likewise, the Single Market
would shrink by 15%.