Brexit could be like the Greek bailout

It’s true the Germans, the French, and others will not want to willingly put at risk their exports. But there are so many other considerations, including their view that Britain’s departure from the Single Market actually represents a huge potential business opportunity in terms of penetrating other EU markets, or the 52 markets internationally where the EU enjoys preferential trade access but Britain, at least for several years, will not. But above all, given the EU is a political construct, European Governments fundamentally believe that whatever the short run risks in the long run business will be better off in a strong and united Union.

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