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Who exports and who imports? A German economics think tank, the Ifo institute, has looked at the interdependencies between the European Union and the United Kingdom.
The most recent research suggests that Brexit will further deepen Britain’s already yawning regional inequalities, especially between London and the North of England.
In 2019-20, the EU remained by far the largest economic partner of the United Kingdom by all definitions: exports, imports, goods and services.
The handful of trade deals that the British government has so far concluded with non-EU countries will not fully compensate for the loss of the European market.
With two months to go before the end of the transition period, the Brexit negotiations between London and Brussels are stuck. Aurélien Antoine, professor of public law at the University of Saint-Etienne and director of the Brexit Observatory, deciphers what is at stake in the coming weeks.
While some of the effects of Brexit are still difficult to assess, the Erasmus+ exchange programme has already suffered the consequences. However, British universities wish to maintain their participation in the European programme.
At a micro level, the exit of British MEPs impacted on one of the tools that we developed to keep track of the European debate. Since we have created it, #brexit has constantly been among the most popular hashtags used by MEPs.
This week, almost three and a half years after the EU referendum, UK voters are called to the ballot boxes to renew the Parliament and, therefore, define the ultimate destiny of the Brexit saga. Tactical voting might well make the difference.
The introduction of customs and regulatory controls in the Irish Sea, provided for in the latest UK withdrawal agreement, would make Northern Ireland a very special economic area.
The undoing of decades of UK-EU integration will mean huge economic disruption on both sides. The exit from the single market could mean a rise in tariffs of 4 to 5 per cent for the goods sold in Britain, and a drop of 7 per cent of British exports.