Summary/Abstract |
Two of the great risks facing the European economy are the exit of Greece from the single currency and the exit – or distancing – of the United Kingdom from the European Union (EU) It is easy to think of these threats as similar, even if only because they have similarly catchy names (‘Grexit’ and ‘Brexit’) for use in popular debate. But King’s College London professor Anand Menon reminded me recently that they are actually very different. His point was that British exit from the EU would be a long, difficult and conflictual process. My argument here is that any Greek exit from the euro would centre on a short, punctuated event.
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