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What If Uk Left The European Union

England’s relationship with European Union is down on the list of concerns for most voters in the coming election, but the issue of the “Brexit” will come to dominate English political lives. Britain contributes a small fortune to the European Union budget each year (somewhere between £8bn and £20bn). Mark Reckless says: a many people who are saying that Brexit will be a disaster are the same people who favored to join the Union.

The main argument these people give is that the impact of leaving European Union will be great. Britain is deeply integrated with their European Union allies – economically, militarily and traditionally. It’s likely that Brexit would lead to sinking stock markets and an economic recession, with losses to GDP up to 9.5%. British parliament has cautioned that leaving the European Union would risk crucial contacts being missed in the war on terror. Denis MacShane, author of Brexit – How Britain Will Leave European Union says that Americans and Europe are afraid of the referendum more than Britain leaving European Union…. Read More