Brexit af­ter­math: will oth­ers fol­low suit?

Financial Mirror (Cyprus) - - FRONT PAGE -

Look­ing at the plain num­bers of how peo­ple per­ceive the EU in dif­fer­ent coun­tries shows that the Brexit might not have been the last vote in favour of a mem­ber state ex­it­ing the union.

As the in­fo­graphic based on data by the Pew Re­search Cen­ter shows, many peo­ple in France for ex­am­ple aren’t too fond of the EU ei­ther, more even than there were in the UK be­fore the ref­er­en­dum on June 23. How­ever, there aren’t any plans to hold a pop­u­lar ref­er­en­dum in France, yet.

This could change af­ter the French gen­eral elec­tion in May 2017, as there are can­di­dates in favour of hold­ing a ref­er­en­dum. The ex­treme right can­di­date Ma­rine Le Pen of the Na­tional Front and the for­mer So­cial­ist min­is­ter Jean-Luc Mé­len­chon on the far left have said that they would hold votes.

Dis­lik­ing the EU isn’t the only vari­able, and doesn’t mean a coun­try as­pires to leave the EU. Many peo­ple in Greece look upon the EU in un­favourable terms. How­ever, it seems very un­likely for Greece to Grexit, even though this was the orig­i­nal term the word Brexit was adapted from.

The term Grexit how­ever de­scribed a sit­u­a­tion fun­da­men­tally dif­fer­ent from the Brexit setup. It was coined when there was talk of Greece be­ing ex­pelled (not vot­ing to leave on its own be­half), not from the po­lit­i­cal union but from the sin­gle cur­rency (Euro­zone) amidst a se­vere fis­cal cri­sis. (Source: Statista)

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