After the unsuccessful initiatives from within the ranks of the Belgian Flemish and the Scottish referendum, comes a strike pointed closely at the heart of the Union. Catalonia declared independence and Europe does not know what to do with this unexpected turn of events.
Will the United Kingdom, now on the verge of a significant systemic shift, really be better off without the EU? Richard Teather, Senior Lecturer in Taxation at Bournemouth University and a strong supporter of Brexit, comments on the recent phenomena in a gripping interview for Olga Łabendowicz and the Liberté! magazine.
Polish economic policy should aim to increase the country’s resilience and strengthen economic foundations. The safety margin, in the form of ensuring the appropriate fiscal space, must be maintained not only because of tensions in the world economy, but also in terms ofpossibly less sharp, cyclical slowdown.
Having said farewell to the year 2016, I do not really know whether I should be happy or worried. Should I be glad that this disastrous year has ended? Or rather fear that 2017 may be even worse. Why? I’ll try to explain it in a nutshell.
Some could argue that May is just taking time to avoid the implementation of the referendum’s result, which is quite unlikely, since after all “Brexit means Brexit”, and that she will not call for another referendum because UK citizens already expressed their will, and the government will respect it.
The main spark of the thrill was the result of the Brexit referendum, with the Leave vote prevailing over its counterpart. In spite of Brexit not occurring in the foreseeable future, the confusion it generated on financial markets was evident, boosting the cause of cryptocurrencies.
This is what my brother reportedly said right after I left the airplane on the paragliding course. The UK referendum was a similar surprise. It could have been expected, nevertheless I did not expect it. Supposedly, you cannot even slow down when riding the integration bicycle.
After the Brexit referendum more and more people started to realize how little we know and care about the political activity of the youth. The results made it clear: the youth have significantly different views on certain issues, but their absence from voting resulted in the victory for Brexit.
Brexit can start a crisis the likes of which the EU didn’t get the chance to experience so far. For the first time, the process of economic integration, which went on continuously since the year 1951 when the European Coal and Steel Community was established, will stop. The result of the Brexit referendum sends a clear message that the EU has to start solving its problems, otherwise there may be other referendums in the future.