Britain needs the EU much more than vice versa

Britain and the EU need each other, but Britain needs the EU more than vice versa, argues Holger Schmieding, writing in response to the session of the LSE Commission of the Future of Britain in Europe ‎chaired by Kevin Featherstone. He claims that after a Brexit there’s a risk that more countries may consider leaving the EU. In order to prevent such ripple effect, the core countries of the European Union, which remains the best compromise machine on earth, would push for reforms and closer integration.