Posts Tagged ‘Impact of Brexit’

Collateral advantages of Brexit for EU states

September 8, 2016

The Times reports (paywalled):

Former communist states are planning to exploit the fallout of Brexit with a “counter-revolution” designed to block migrant deals and assert the power of national governments over Brussels.

Hungary, Poland, the Czech Republic and Slovakia, an influential diplomatic European Union bloc known as the Visegrad Group, will lobby together at a summit next week to ensure that national governments are put back in the EU’s driving seat.

The summit will gather all EU leaders, excluding Theresa May, in Slovakia’s capital to forge a new vision of Europe. It is expected to expose the rift between newer member states ………

No doubt the UK will – in about 3 years – conclude a reasonable trade agreement with the EU and implement Brexit. No doubt also that EU citizens who have work to go to in the UK, will still be able to do so quite freely. But “benefit” tourism will become extremely difficult. The long term benefits for the UK will no doubt unfurl. I expect to see a revival of some old Commonwealth ties. New trade and labour movement agreements will be put in place. The UK could even gain a competitive edge over the remaining EU.

In the EU the dream for some of a Holy European Empire will receive a debilitating setback – thank goodness. But there will even be real benefit for all of the remaining members. For EU member states, the silver lining in the Brexit cloud will accrue only if the power of the EC and Brussels is sharply curtailed. If the EU Parliament (which – by any measure – is the most useless and wasteful institution in the world) happens to get abolished along the way, so much the better.

But one shouldn’t hope for too much.


 


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