Waking up to a nightmare? A UK exit from the EU would be a ‘lose-lose’ for both sides

What might a UK exit from the European Union mean for Europe’s future? So far, the Brexit debate has been largely concentrated within these islands and few other EU states have focussed on it as a likely or imminent prospect. But, as the rest of Europe wakes up to the evidence of the opinion polls that the British may well vote in the coming months to leave, there are the stirrings of serious alarm, writes Kevin Featherstone. He suggests that the best strategy for Britain’s partners would be to wait for London to present its proposals for a future relationship. Especially since the domestic ramification of a Brexit for the rest of Europe will be a boost to the anti-European political extremes and populists. Furthermore, a Brexit will threaten the global role of both the UK and the EU, and ultimately it will be a will be a ‘lose-lose’ for both sides.