A BREXIT combined with a surge of anti-EU politics will leave the crumbling of the union as a question of “when the systems breaks, rather than if” financial analysts have claimed.
By VINCENT WOOD
PUBLISHED: 06:43, Sat, May 7, 2016 | UPDATED: 06:57, Sat, May 7, 2016
The experts went on to publish a report outlining how those vulnerabilities could be stretched to the brink if Britain severs ties with the bloc.
Mr Ellis said: “Even if the EU survives its current challenges largely unscathed, even a ‘small’ future crisis could threaten the sustainability of current institutional frameworks, if it coincided with negative public sentiment and populist political developments, the report warns.
“This can create the impression that the question is when the system breaks, rather than if.”
Experts described the strained EU, saying “the question is when the system breaks, rather than if”
It comes after fears within the EU camp that growing Eurosceptic factions in countries such as Denmark, Czech Republic and Poland could force similar referendums across the bloc if Britons choose to sever ties with Brussels fat cats in June.
Antonio Barroso, senior vice-president of political risk consultancy at Teneo Intelligence believes a British rejection of Eurocrats in June could lead to the “disintegration” of the EU.
He said: “The main concern is that an unexpected exit of the UK from the EU could lead to similar initiatives in other member states, making Brexit the first step towards the disintegration of the union.”
There are fears among europhile officials that a Brexit could see the whole EU fail
Mr Barroso warned that Denmark could be the next nation to quit the bloc due to the prominence of eurosceptic the Danish People’s Party (DF).
He added: “Brexit could embolden the increasingly popular DF to push for its own referendum project.