Hacker News new | ask | show | jobs
by Duplo 1265 days ago
> The EU is a major power - the world's largest economy, IIRC

Incorrect. When UK left the EU economy became smaller than USA. Despite EU having 100+ million bigger population than USA!

1 comments

> Despite EU having 100+ million bigger population than USA!

Because it took in a lot of poorer nations after the fall of the wall. Especially those who were in the Soviet block. The USA had nothing like that. The USA has a single market and the leading currency. Without the single market Europe would be much further behind.

Part of the attraction of the EU for those countries was and is that trade and economic development is easier for those nations inside the EU.