Even if the UK entered into an ambitious and comprehensive free trade agreement with the EU, leaving the single market would mean new restrictions on British services exports.
Theresa May's deal on Brexit is heading for defeat in Parliament. That could lead to no deal, the negotiation of a different deal, a general election, a second referendum – or MPs swallowing the package at the second attempt.
Even if the UK entered into an ambitious and comprehensive free trade agreement with the EU, leaving the single market would mean new restrictions on British services exports.
The EU will probably reject Theresa May’s Chequers compromise. Rather than confronting the EU on its fundamental principles, the UK should build upon the foundations of a customs union.
The international role of the US dollar is deeply entrenched. To change that, Europe – and Germany in particular – would need to rethink some core economic policies.
The EU needs to become more flexible if it is to tackle current and future challenges effectively. But it should do so transparently, and remain inclusive.
Some EU member-states see the Nord Stream 2 gas pipeline as Russia’s latest anti-European weapon. But even if they are right, the threat can be mitigated.
If Britain quits the EU’s single energy market, it will have to invest more in electricity generation, pay higher prices and accept a bigger state role in the energy sector.
Trump’s decision to re-impose sanctions has placed the Iran nuclear agreement on life support and further destabilised the region. Unwilling to seriously support the deal, Europeans will have to rely on diplomacy to limit the damage.
The Intermediate-Range Nuclear Forces Treaty is a cornerstone of European stability. The US should challenge Russian treaty violations, but not abandon the treaty without a better plan.
Some EU member-states see the Nord Stream 2 gas pipeline as Russia’s latest anti-European weapon. But even if they are right, the threat can be mitigated.
