Brexit in Focus: Six Ways it will Fundamentally Change the Eu

Abstract

The debate surrounding a potential BREXIT has largely focused on the costs and disadvantages for Britain of making such a move. However, Britain leaving the EU would also alter the strengths and profile of the European Union. Britain is the EU's second largest economy, a significant net contributor to the EU budget, hosts Europe's only global financial centre and is an important driver of single market reform on the European stage.

Footnotes

Eoin Drea is Research Officer at the Wilfried Martens Centre for European Studies. He focuses on economic and social policy as well as energy and climate change.

Angelos Angelou is currently doing a Ph.D on European integration at the London School of Economics and was interning at the Wilfried Martens Centre for European Studies from October 2014 to March 2015.

Roland Freudenstein is Policy Director at the Wilfried Martens Centre for European Studies.