Tag: Schuman Plan

Brexit: Britannia Waives the Rules

Brexit: Britannia Waives the Rules

Brex­it after­math. In vot­ing to leave the Euro­pean Union, Britain has opt­ed to become anoth­er Nor­way. One of the most pros­per­ous and con­tent­ed coun­tries in the world, Nor­way does fine with its own laws, cur­ren­cy, and trade agree­ments, includ­ing a good one with the EU. It is hard­ly a bad mod­el.

Short-term Troubles Euro­zone par­tic­i­pa­tion (Wikipedia). BLUE: 19 EU mem­bers in the Euro­zone. YELLOW: EU mem­bers oblig­ed to join the Euro­zone (Bul­gar­ia, Croa­t­ia, Czech Repub­lic, Hun­gary, Poland, Roma­nia and Swe­den). PINK: EU mem­ber with euro opt-out (Den­mark). RED: EU mem­ber vot­ing to leave (UK). GREEN: Non-EU mini-states using euro with a mon­e­tary agree­ment (Andor­ra, Mona­co, San Mari­no, Vat­i­can City).…

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