Brexit: Repercussions for the UK and a Wake-Up Call for the EU
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.