Re:Norway–European Union relations
by _9MOTHER9HORSE on Saturday June 25, 2016 @02:23PM
(#11977356)
It's all swings and roundabouts.
If the pound loses value in the medium-run, foreign investment in the UK will increase.
Brexit, if negotiations are acrimonious, will be worse for the EU than it will be for the UK, so I don't expect much of a long-term shift in the GBP-EUR exchange rate.
Outside the EU, the UK can make itself an even more attractive place to do business, no longer hampered by EU laws and regulations.
In any case, I think Brexit will be curtains for the current incarnation of the EU. It will either have to reinvent itself significantly, or collapse and be replaced by a new union.
If the pound loses value in the medium-run, foreign investment in the UK will increase.
Brexit, if negotiations are acrimonious, will be worse for the EU than it will be for the UK, so I don't expect much of a long-term shift in the GBP-EUR exchange rate.
Outside the EU, the UK can make itself an even more attractive place to do business, no longer hampered by EU laws and regulations.
In any case, I think Brexit will be curtains for the current incarnation of the EU. It will either have to reinvent itself significantly, or collapse and be replaced by a new union.