Who has more to fear from the British exit from the European Union, the UK or those countries who remain part of the EU? There is no simple answer to the question and without the benefit of a crystal ball it is very difficult to tell. But what is clear is that the EU will be losing its second biggest economy and Britain was a "payer" rather than an "invited guest".

The EU is in a very difficult situation. If it gives Britain a generous divorce settlement, then other countries may follow suit and decide to pull out as well. So the coming months are going to be interesting. Damage from the referendum result has so far been limited, the drop in the value of sterling against the euro is probably the biggest consequence of Brexit at the moment. Also, the EU is busy trying to establish what went wrong.

I thought that it was interesting to read that our very own Balearic MEP, Rosa Estaras, said that the EU could have done more to help the "Remain" camp. My thoughts exactly. The EU did very little and I do not understand why. I have even thought that they may have wanted Britain to leave after all. No European leader made a direct appeal to the people of Britain to stay. I am sure that if German Chancellor Angela Merkel had made a televised appeal to the British people, the referendum result may have been very different indeed.


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Simon Tow / Hace over 5 years

After the open doors for everybody fiasco, it won´t be long before Mrs Merkel will be making a televised appeal to her own people asking them to vote for her so that she can remain in power, let alone in the EU.


S. / Hace over 5 years

I think it may take longer than 2 years to completely 'divorce ' from the EU. It could take up to 5 years. By then, another Referendum could be instigated, because the problems and legalities are too complex to effect. Meanwhile, those Countries in the EU, who are already contracted to the UK, will continue to maintain their business. Brexit will not affect those businesses who are, and will want to continue their business dealings with Great Britain.


S. / Hace over 5 years

At the moment Great Britain has not invoked article 50, to start the " Divorce " from the EU . It will take at least 2 years at least, to be no longer tied to the EU. The drop in the Euro exchange rate, at present 1.13 to one pound, is because the financial world and Banks, are over reacting ( as usual ). When Great Britain starts the divorce, and progress is being established. The pound will start to recover. Which will be a great relief, to all 'Euro' operated Countries in the EU..


Mike / Hace over 5 years

The list of EU leaders, from Merkel to Rajoy, that came out and stated that they wanted the UK to remain, is a rather long one. They joined Obama and other non-EU leaders in calling for the same outcome.

So, once again; this editorial. Face. Palm.