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Old 22-03-2016, 14:48   #970
Damien
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Osem View Post
... and that'll be an excellent reason for our former EU partners to expedite matters and facilitate the required change rather than stamp their feet and whine that the UK has dared to leave.
And under what terms?

Also as I said that for the start-up industry we have rivals in Europe, Berlin especially, and there will be a self-interested motivation for them to put barriers up for services. The recent trade deal with Canada for example excluded Financial Services. I am also unsure the extent to which a single market would require we keep freedom of movement.

The uncertainty of what those terms would be and if their own industry would be ok or not is what will drive some industries to conclude it's better off staying in. Even the administrative actions of having to treat the EU as a different market for which different regulations or legal entities need to be set up wouldn't be welcome.
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