Wednesday, July 04, 2012

EU - Time to call a halt, and get out


 A recent study was conducted amongst 7,500 businesses by British Chambers of Commerce.  Key conclusions are first, that more than half of respondents (51%) now believe that a Free Trade Area would be a better deal than EU membership and the Single Market, while only 31% favour "economic union". 

Some countries actually find that it is easier to trade outside the EU, rather than cope with Brussels red tape.  It seems that many companies are choosing to focus their export efforts on the rapidly growing markets of the BRICS and the Commonwealth, which can only be a good thing

One by one, the arguments for closer EU integration are being dismantled by the reality of membership.