Thursday 23 June 2016

British Discontent About The EU: Only A Precursor To Unrest On The Continent | Zero Hedge

British Discontent About The EU: Only A Precursor To Unrest On The Continent



If Brexit marks the beginning of the end for the European project, Brussels will take its share of the blame

If Britain leaves the EU and if the reaction to Brexit causes years of uncertainty, the EU will reap what it has sowed. British discontent is only a precursor to unrest on the Continent, where populists from across the political spectrum feel they have lost control over their fate, and are gaining popularity.
We’ve seen the transfers of power to the European level after ignoring the referendums on the European Constitution in Franceand the Netherlands in 2004. We’ve witnessed the refusal to allow Grexit, which could have been an alternative for continued fiscal transfers and interventions into national budgetary decisions. Both have created a lot of discontent and anti-EU sentiment since 2010.
Last year, there was the decision to outvote Central and Eastern Europe on the sensitive issue of forcing countries to accept refugees, which isn’t even possible in a passport-free zone, as people can travel freely, but which was decided to divert attention from criticism on Angela Merkel’s controversial refugee policy and to organize yet another transfer of power to the EU level.
Finally, we could see how Prime Minister David Cameron’s proposals to bridge the gap between the EU and citizens were met with a lukewarm reaction. His proposal, for example, to allow national parliaments to block EU proposals was watered down to make it harder to implement.

No comments:

Post a Comment