If food alone adds £9bn to the UK economy, then what was the cost of Brexit really?
Anyways it’s nice to see the 2 sides having some constructive results, now that the insanity of the conservatives is out for a while.Well, why not just rejoin? It would be pretty great wouldn’t it?
I don’t expect it any time soon.
While public opinion seems slightly in favor it’s far from a done deal. Also I don’t think the EU would make the same concessions the UK enjoyed in the past, which would make negotiations longer and harder.
There are a lot of requirements to be able to join the EU, and many of them are deal breakers for the UK that they never implemented - like having to switch to the Euro and joining Schengen. They would undoubtedly demand to get the same special exceptions they had before, and require every EU country to unanimously agree to give them, which almost certainly would never happen.
And even before that, one of the requirements is a “significant, stable and long-lasting majority public opinion in favour of rejoining”. One interpretation of this was requiring a few years of at least 65% public approval for the join.
Switching to the Euro was never a requirement for EU membership, though.
Brits didn’t have it before, and there are other EU countries that stick to their national currency.
It wasn’t. It is now.
It was one of the special exceptions that the UK had, gained in 1992 when the Maastricht Treaty was negotiated.
Alright, I stand corrected. TIL.
Seems like this requirement is kind of a paper tiger, since there’s no deadline and several of the existing Euro coutries don’t even meet the economic criteria.
Though I do understand that it would be a hindrance for the Brits to agree to these terms, even though they’re largely hypoethetical, and given the whole Brexit history, the EU won’t be likely to exempt them from this regultion. I wonder what kind of deal Denmark has made there to be the only exception.
The same exception the UK had, didn’t join it in 1992. Specifically they got an opt-out for those specific parts.
Switching to the Euro was never a requirement for EU membership, though.
As I understand it, adopting the Euro is now a requirement for joining the EU but there are no deadlines for the adoption. I believe Poland at least is obligated to adopt the Euro (but they haven’t and show no signs of doing so).
Thanks for the info. Didn’t know that and I just assumed from reality that this couldn’t be a case. My fault for mixing up politics with reality. 😅
You have to agree to do it, but you don’t have to lay out a plan or timeline to do it.
If every other country agrees and the UK is able to pass a rejoin referendum with 2/3 majority and will only leave with another 2/3 majority, we can probably play ball, instead of this “will they or won’t they make Farage prime minister”
It would be pretty great wouldn’t it?
No. It would be the opposite of great.
