Europäische Integration am Wendepunkt? Zum möglichen Austritt Großbritanniens aus der EU / European integration at a turning point? Consequences of a British exit for the EU

Ohr Renate

ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, 2015, vol. 66, issue 1, 99-114

Abstract: With the Lisbon Treaty a right of withdrawal has been incorporated into the EU law for the first time. This paper examines what consequences the planned British referendum on EU withdrawal may have for the EU. In addition to the direct effects on trade and FDI there would be a strong impact on the balance of power and the internal stability of the EU. As the euro crisis is identified as a possible driving force for a British exit, a solid solution for the euro zone is necessary to keep a country like UK in the EU. Sticking to an unchanged euro zone may endanger the stability of the entire EU and thus lead to a turning point in the European integration process.

Date: 2015
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DOI: 10.1515/ordo-2015-0107

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