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Sun Jun 26, 2016, 10:43 AM

The EU will treat Britain like Greece [View all]

Inadvertently I put this in LBN instead of General Discussion. I think it's an important article which gives a good idea of the EU thinking on how they will treat the UK's exit.


Source: Sunday Telegraph

By Matthew Holehouse, Brussels

I arrived in Brussels as the Daily Telegraph’s correspondent in early June, 2015. A fortnight later, Alexis Tsipras snubbed Brussels, and called a referendum on the third bailout that was designed to save the Eurozone from collapse.

The terms he was later given - €50bn of assets sold and a de facto control of economic policy surrendered - were so harsh they were later denounced as a "coup".

It taught me two things: that in the cause of its salvation the European Union can be profoundly flexible and exceptionally brutal, and that events can swiftly take a momentum that is hard to control.

Nothing of that experience gives me hope for the years that now await our country.

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Reply The EU will treat Britain like Greece [View all]
OnDoutside Jun 2016 OP
TubbersUK Jun 2016 #1
OnDoutside Jun 2016 #2
enough Jun 2016 #3
OnDoutside Jun 2016 #4
enough Jun 2016 #9
OnDoutside Jun 2016 #12
roamer65 Jun 2016 #5
OnDoutside Jun 2016 #7
modem77 Jun 2016 #15
msongs Jun 2016 #6
OnDoutside Jun 2016 #8
cherokeeprogressive Jun 2016 #11
OnDoutside Jun 2016 #13
marchellojones Jun 2016 #10
bhikkhu Jun 2016 #14
n2doc Jun 2016 #16
jimmy the one Jun 2016 #17