The Effect of Brexit on Europe – Part 1
It has been widely reported and documented about the imminent departure of the UK from the European Union, it is named Brexit after the UK as a nation made their voices heard in a referendum. There is no doubt that Brexit is a highly momentous event in the history of Europe and the biggest threat to the European Union since its inception. Many reasons have been cited why the UK voted as they did, and it will have major repercussions for the British nation in the foreseeable future.
But how will it impact the other nations that remain in the EU? Will it mean that it will split and fall apart?
The Immediate Impact
It does not look that there are a number of other countries queuing up to join the UK in a move out of the EU. But there are two conflicting approaches to how the EU should move forward in the future.
- Further Integration – one of the movements is in favor of more integration and this is spearheaded by Jean-Claude Junker the president of the European Commission.
- Away from more centralization – the European Council president Donald Tusk believes that more central control would be to the detriment of the citizens of the EU.
One side is advocating extra powers will be better for the strength of the EU, and the other stating that a more faceless and corporate EU will lose sight of what the individual citizens really want.
How the EU will Respond
The EU has related to the UK exactly what is required for their exit, but is now pondering how to respond to the after effects of the second largest economy leaving the Union. The best bet is that Junker’s pragmatism and federalism will rule the day, and the EU fears no present risk of dissolution. The current leaders of Europe will have to get together and work how to reform the European Union with new laws and a revision of the budgets laid down.
When this happens the leader’s will have to accept these laws that tackle difficult policies that the Union faces such as the refugee problem.
EU Fear of Germany
With the withdrawal of the second most powerful state there is a fear that nobody has the power to check the dominance of Germany. On all major issues such as the war in Ukraine, and the refugee crisis it has been Germany who has marched to the front on the response by the EU.
The natural fear of Euro politicians in Paris, Rome and Warsaw is that Germany will dominate in all things concerned with the EU, and there is a justified horror at the prospect of Brexit. In turn Germany is also afraid of Brexit and how the other nations will consider them as a domineering threat, there are those in Germany that believe that there will be other nations gathering together to act as an alliance against them.
In part two of this expose on the effects of Brexit on the rest of the EU, we will consider how the United States view the situation and how that view will affect the EU.