The growing temptation in Britain to abandon what appears to be the sinking ship of Europe and go it gloriously alone certainly is understandable. The question is whether “Brexit” would be as beneficial as its proponents seem to think.
BRUSSELS – Prime Minister David Cameron’s offer to British citizens to hold a referendum on whether to leave the European Union might have seemed like a reasonably safe gamble just a few years ago. Most people then probably would have voted to stay. That was before the Greek crisis created havoc in the eurozone, and the arrival of hundreds of thousands of refugees caused the EU (although not the United Kingdom) to lose control of some of its borders.
BRUSSELS – Prime Minister David Cameron’s offer to British citizens to hold a referendum on whether to leave the European Union might have seemed like a reasonably safe gamble just a few years ago. Most people then probably would have voted to stay. That was before the Greek crisis created havoc in the eurozone, and the arrival of hundreds of thousands of refugees caused the EU (although not the United Kingdom) to lose control of some of its borders.