The European Union has committed suicide in the shape of a press leak in a German newspaper over Brexit. The details of last Wednesday’s dinner between President Jean-Claude Juncker and Theresa May exposed why Brussels will be the ultimate loser from Britain’s departure.
Officially, Brussels wants some sort of a deal with Britain—and the British have acted in good faith to seek it. But in reality what they need is money. Juncker himself admitted that the EU cannot continue without major changes to its budget.
Read the full article at the New York Observer.