The European Union will not shatter in the wake of Brexit, and it will also overcome the economic fallout from the UK’s departure. But Brexit will damage Europe’s role in the world in a way that Europeans currently seem unable to grasp.
BERLIN – The clock is ticking toward March 29 and the United Kingdom’s exit from the European Union. Whether Brexit turns out to be “soft” or “hard,” the UK is set to endure a bout of severe economic turbulence. But Britain has survived much larger crises and will overcome this one at some point. For me, the real question is what Brexit means for the future of Europe.
BERLIN – The clock is ticking toward March 29 and the United Kingdom’s exit from the European Union. Whether Brexit turns out to be “soft” or “hard,” the UK is set to endure a bout of severe economic turbulence. But Britain has survived much larger crises and will overcome this one at some point. For me, the real question is what Brexit means for the future of Europe.