From a No-Deal Brexit to a No-Brexit Deal
The parliamentary defeat of British Prime Minister Theresa May's Brexit deal means that all options are on the table. By addressing Britain's longstanding concerns over intra-EU migration and its attendant costs, the European Union could both set the stage for a reversal of Brexit and shore up its own long-term stability.
MUNICH – With the recent signing of the Treaty of Aachen, French President Emmanuel Macron and German Chancellor Angela Merkel have renewed the Franco-German friendship pact and taken an important and necessary step forward for Europe. But the United Kingdom should not have been left out.
The UK is an integral part of Europe; as the European Union’s second-largest economy, its GDP equals that of the 19 smallest EU member states combined. Its exodus thus would shake Europe to its core and destroy the European post-war order.
Moreover, it is worth remembering that in 1963, the Bundestag prefaced the Élysée Treaty with a preamble stipulating that Germany hoped to bring Britain into the European Economic Community; in 1973, that is precisely what happened. A similar overture to Britain would be no less appropriate today.
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