Brexit to the unknown

Written by Nikos Androulakis,
A few days before the British referendum, the latest polls show….
that the outcome will be decided ultimately in the yarn. The gruesome murder of Mr Jo Cox has highlighted the extent to which the public debate has been poison by extreme and irrational positions. At the same time, the murder seems to mobilise and friends of Europe and the democratic values that no longer perceive the size of what is at stake.
We need to be clear: A result in favour of the Brexit will have multiple negative effects. For the British, it will mean disconnecting the country from the European Edifice, an aimless wandering in the uncharted waters of international isolationism, and the strengthening of separatism at the local level, especially in Scotland. In addition, and in contrast with what the gospel is preached to the followers of Brexit, the economic benefits will be non-existent.
It is assumed that the shock of the output will lead the economy into recession which will of course be greater than about 0.6 of the GDP is contributed annually to the The.B. the funds of the EU. And for the record, it is worth mentioning that, in the six months of December– April a total of 77 Billion. Sterling turned in another currency, compared with just 2 Billion. the immediately preceding. The similarities with our own, last year, experience is not at all random.
But for Europe the output of The.B. from the Union’s institutions will be an extremely negative event. It is assumed that such a development will mean a new cycle of introversion, the beginning of a cruciatus two-year process for the withdrawal of the country on the basis of Article 50 of the Lisbon Treaty. Above all, it will signal the political burial of the most basic principle of european integration: the idea of “closer Union”. In all this we should add the financial cost which is extremely difficult to calculate on the basis of the current data
No one claims that the situation is easy. The recession of the european economy, the compression of the income of the middle classes, unemployment and most recently the massive refugee and migration flows, as a result of formatted trends backward integration and contestation of the structure.
The British voters have to show a proper temper, and political maturity in order to avoid unnecessary adventures. Traditionally, in referendums, there is a movement of 2-3% in the “safe option”, in the last days. Let’s hope that in the few hours remaining, the voters will realise that Europe, even with any shortcomings, is the only safe harbor.