08.05.15

"Brexit" threat looms after Tory win in UK election

cep economist Bert Van Roosebeke tells German national broadcaster Deutschlandfunk, he still believes that the outcome of the referendum will be in favor of EU membership

Will Britain remain a member of the EU?

After the election victory of Prime Minister David Cameron’s Tories, the British will have to decide in a referendum by 2017 the latest if they want their country to remain in the European Union. cep expert Bert Van Roosebeke believes that the outcome of the referendum will be in favor of EU membership, he said in an interview with Germany’s national broadcaster Deutschlandfunk. “The situation in Great Britain is currently like this: 45 percent of the population are in favor of remaining in the EU. In 2012 the picture was still completely different, when only 28 percent favored this,” he noted. However, should the United Kingdom leave the EU after all, this would lead to drastic changes in the financial industry, Van Roosebeke predicted in an interview with Germany’s Focus Online. “Frankfurt and Paris would likely get a lot of the business which is currently done in London,” he said.