UK Prime Minister Theresa May has given a major speech calling for a clean break from the EU:
Theresa May has said the UK "cannot possibly" remain within the European single market, as staying in it would mean "not leaving the EU at all". But the prime minister promised to push for the "greatest possible" access to the single market following Brexit. In a long-awaited speech, she also announced Parliament would get a vote on the final deal agreed between the UK and the European Union. And Mrs May promised an end to "vast contributions" to the European Union.
Previously: Brexit: The Focus is on the EU Single Market
(Score: 1) by Kawumpa on Tuesday January 17 2017, @09:40PM
Yeah no, that would make sense if the EU were actually the reason for the economic woes of the southern members.
(Score: 1) by khallow on Wednesday January 18 2017, @08:45AM
Yeah no, that would make sense if the EU were actually the reason for the economic woes of the southern members.
It does make sense. Most countries [wikipedia.org] with the sort of woes that Greece has, can't get more than a few tens of their GDP as public debt (for example, Argentina with public debt 42% of its GDP). Greece had a solid 179% public debt to GDP ratio as of 2015. A shifty country like Greece can't get into that kind of trouble without the backing of a more reliable party, such as the EU. And of course, once Greece has borrowed that much, the EU is a decent tool for extracting the wealth out of Greek society to cover those debts.