Europe... yes or no for investors?

themanfromamarillo

jamesd wrote: »

That blog entry appears to be the view of Steve peters, who is described there as "Professor of EU Law & Human Rights Law, University of Essex". The Wikipedia article refers to the ECB paper that I mentioned earlier.

With respect to Profesor Steve Peters, on this I'll go with the legal opinion expressed by the ECB rather than those of an individual professor who may or may not have a desire to influence potential referendum votes in one direction or another. He does via his job have a conflict of interest, since it seems rather likely that there would be considerably reduced demand in the UK for professors teaching about EU law if the UK was no longer part of the EU.

I honestly don't know what you are reading between the lines of that Wikipedia article. It refers to the ECB document in 3 places (5 times in total). Firstly it states that pre-Lisbon there was no mechanism for withdrawal. Secondly it says that parties whoudl try to reach a negotiated withdrawal and that there is disagreement over immediate unilateral withdrawal but that unilateral withdrawal is possible after 2 years. Finally it says there is no provision for kicking states out. Nothing there contradicts Prof Peters. Also nothing in the ECB document condradicts what Prof Peters was saying, it merely states that the unilateral right to withdraw exists and didn't pre-Lisbon. It does say that there is no mechanism to withdraw from the Euro but this does not apply to the UK so irrelevant to this discussion.

You stated that there was "no formal provision for leaving the EU". It has been shown that you are wrong and the evidence you stated supported your claim does nothing of the sort. I'm done arguing with you.

Also congrats on using the old "person X has some dealings with the EU so every opinion they have is based on self interest and must be ignored" canard.