| I have the feeling you are not from Europe. GB had the best deal possible with lot of pre-exemptions. GB profited from the EU, but with their special veto-rights and the cold stance towards EU they were also a source of frustration for the countries that worked hard to make the EU work. GB has always made clear it didn't love the EU but wanted to reap profits from market access, and it was nonetheless welcomed by countries as The Netherlands which have lobbied for GB's membership. Therefore you can't blame Juncker stating the fact that the marriage between GB and the rest of the EU was a somewhat cold love. The very fact that risking (domino-effect) the future of the EU via this referendum just for some political self-interest (internal power struggle Conservative Party ) illustrates this use-at-will mentality. I read the British press closely and am astonished by the amount of classlessness many people have regarding this issue. It is in the interest of Europe to not let the trade block crumble. GB knew this was at stake with a brexit. Now the EU needs to (even if it wouldn't want to) give GB the finger just to make sure this will not become a precedent for many other countries (eg. NL, FR). GB has to pay, even if no one wouldn't want to harm GB. The risk of a collapsing EU market with investments and trade drying up will have severe consequences world wide. From a purely rational perspective this was the most stupid action for GB. |
The EU is too reliant on exports to the UK to play hardball.
That's the calculation the British public made. The UK pays more in than it gets out. It imports more from the EU than it exports to it.
The EU needs the UK more than the UK needs the EU.
Just look at the immediate aftermath in the markets. FTSE 100 closed 3.15% down, whereas almost all EU indices saw losses 2-3x as much.