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'All pain for no gain': Reality of post-Brexit trading conditions bites
(www.thelondoneconomic.com)
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They are genuine reasons if you see the future of your financial system separate from the financial system of the EU. A future member should show that it's willing to put all efforts to improve the financial situation of the common system and not just for itself. They just want to profit from the market, but if the financial system has problems, they would just act to their benefit - even if it would be harmful to the european financial system.