By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Ka-pi96 said:
generic-user-1 said:
maximrace said:
Ruler said:
i hope they leave the EU

Well as the article states, it won't be good for the UK. European countries would suffer too. So I think it would be best that everyone works together towards a reform of the EU instead of the constant bitching about leaving and it being bad

No, the brits have to go. there is nothing the EU could lose from it. we could have a stable finance market without london, thats way more important than losing 5% gdp in 10 years

The other EU countries would lose from it, that's a fact.

While there are surely many other reasons, how about this one...
Currently the UK imports more from the EU than it exports. With it being EU that means there are no import taxes on any of it. In February 2015 the imports were worth £17.9b (£7b more than exports). Considering the current UK VAT rate is 20% that means if the UK wasn't an EU member those companies exporting to the UK would have to pay £3.58b in VAT for those exports, and that's just a single month. Surely you can see how not having to pay VAT/Duties for exports to the UK is good for all EU businesses and not just those in the UK itself?

EU or not doesnt matter, they will buy french food and german cars in any case. liek the US or china.