It’s one of my fears over Brexit that the loonies will take us into a transition period without an agreement on anything other than the withdrawal terms, about which they are still haggling, and that should we change our minds, we’ll have to reapply and lose our opt-outs, which include Schengen (common borders), the stability & growth pact’s enforcement regime, a promise to join the Euro (we don’t have to) and our famous rebate on contributions. In transition, we lose our Council seat with its veto, our Commission seat, our MEPs and our Judges on the Court. We definitely become rule takers.

Leaving our opt-outs behind
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