Can the EU Survive?
The UK has voted to leave the EU. Whatever the fate of Britain – and many fear years of uncertainty – Brexit is a serious blow to the European Union.
The UK has voted to leave the EU, sending shockwaves through Britain’s political class and its economy. Whatever the fate of Britain – and many fear years of damaging instability – Brexit is a serious blow to the European Union. Britain is far from the only member state with doubts about the scope of the European project. There are strong Eurosceptic movements in many other nations too. Some think the British precedent will boost their influence or that other nations will be able to use the threat of exit to undermine shared decision-making. And the loss of Britain – which is still, for now, Europe’s second-largest economy – could leave the Union precariously unbalanced, with Germany too dominant within it. As the EU contemplates an uncertain future, we are asking whether the EU even has a future without the United Kingdom. Presented by Chris Bowlby.
(Photo: David Cameron, Chancellor Angela Merkel, Bulgarian Prime minister Roesen Plevneliev, Eurozone finance ministers with bank notes, euro coins and a map of Europe in the background. Credit: Getty Images)