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The Independent: Post-Brexit Britain is turning into the sick man of Europe

2023-02-01T06:53:22.598Z


London-Sana returned the nickname london-sana The title of “the sick man of Europe” has re-emerged to stigmatize Britain this time, whose economy is suffering from major crises that were shaped by several factors, including the Corona pandemic, inflation, and the decision to sever economic relations with Europe within the framework of the failed “Brexit” process, according to the British Independent newspaper. The newspaper said


london-sana

The title of “the sick man of Europe” has re-emerged to stigmatize Britain this time, whose economy is suffering from major crises that were shaped by several factors, including the Corona pandemic, inflation, and the decision to sever economic relations with Europe within the framework of the failed “Brexit” process, according to the British Independent newspaper.

The newspaper said in an article written by “Sean O’Grady”: The symptoms of the British disease are very similar to what the country witnessed for the first time in the seventies of the last century, before Britain joined the European single market, as it suffered from high inflation rates, a decline in the value of its currency and weakness in the general budget, in addition to suffering in the civil service sector and labor unrest,

It is currently witnessing the re-emergence of symptoms of the same classic disease, at a time when most politicians in London are trying to avoid admitting that the “Brexit” process has failed.

The newspaper pointed out that British Finance Minister Jeremy Hunt may have been the only official in the British government who has the audacity to say that Brexit was a wrong decision, albeit cautiously, as he always tries to stress the need to make efforts to limit the damage and move away from the principles of former British Prime Minister Boris Johnson. that caused the most damage.

The newspaper considered that the “degeneration” in which Britain found itself occurred due to the failure of Brexit on the one hand and the failure of Johnson on the other hand during the greater part of the past decade, as the latter insisted on boarding the Brexit train for very special reasons, although he was not originally convinced of this process.

The newspaper pointed out that Johnson's enthusiasm to withdraw from the European Union prompted many British voters to support Brexit, but it later became clear that the former British Prime Minister Johnson was the worst character that could be chosen to take responsibility for a complex international negotiation process such as "Brexit", so that Britain would end up with an exit treaty. So flawed and ineffective that Johnson did not even read it before signing it.

The newspaper pointed out that everyone is aware that Britain's unique economic problem is the repercussions of Brexit, and under the administration of former British Prime Minister Liz Terrace, the country experimented with the principles of Brexit to an extent that had a devastating effect on it.

It is noteworthy that Terrace only lasted seven weeks in her position before the current British Prime Minister Rishi Sunak assumed power, who faces challenges on many fronts, as the gross domestic product has decreased by more than 3 percent since Brexit, and the inflation rate in food prices is the highest in forty years. years, and heating bills rose exceptionally due to the Ukrainian crisis and the turmoil recorded in the oil and gas markets.

Basma Kannon

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Source: sena

All news articles on 2023-02-01

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