The Europe Union has bigger problems to deal with than Brexit Larry Elliott

europe union

TL;DR

As the clock has ticked down towards Brexit the state of the UK has attracted even more attention than normal. German exporters have done well out of monetary union and Merkel knows that German taxpayers would be expected to bankroll spending in poorer eurozone countries. China is now the EUs second biggest trading partner and the EU is Chinas biggest trading partner. If Italy becomes indebted to China it will have major implications in EUs policies toward China. The EU has no legislation on palm oil labeling. Unlike many markets according to the Indonesian government

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