martedì 12 aprile 2016

Britain threatens the dissolution

The one who failed to Scottish referendum or to the long war in northern Ireland could be caused from evasion in tax havens. Because the scandal of Panama Papers, which involves very heavy so the British Prime Minister Cameron may well result in more than a purely political scandal, but may relate to the social order of the United Kingdom and its integrity. It must be recalled that the referendum on the European Union is imminent: the majority party, the conservative one is split in two on voting intentions, but the part favorable to stay inside in Brussels, although with all details and advantageous conditions only London, is the one that refers precisely to Cameron. It understands how the loss of credibility of the Prime Minister, who first denied involvement in the deal Panamanian and then had to admit an uncomfortable truth, reduces the percentages in favor of staying in Brussels for an erosion of the consensus that appears, at this point, physiological. The most dangerous consequence for the integrity of the UK is represented by the will of Wales and Scotland to remain in the European Union anyway, so if this scenario were to be confirmed by a negative vote in London Britain would not exist more, but, reasonably, it would lead to only speak of Britain. The evolution of the British situation should be, that is, undergoes a sort of dissolution in which the benefits expected from the European Union will be thrown away by their own consequences. Already at this time the political situation is difficult and the country heads towards an instability that causes deep uncertainty for the economy. Stock exchanges and financial operators are following with great concern developments in the situation, being aware that an exit from Brussels would drastically reduce their operating margins. Even from the social point of view the condition of the country is not the best; as highlighted by the leader of the opposition, the Labour Corbyn, the big tax burden on the middle classes is now more justified by the exemption of the super rich, who, in addition, have enjoyed the opportunity to hide in tax havens large part of their income. This theme has been shown to scare the same Cameron has promised that a Conservative government action in London to combat tax evasion, also providing for the criminal offense for anyone who facilitates the illegal export of capital. These measures appear, however, late and set out for the need to remedy an objectively difficult personal situational also the phenomenon was known for a long time and you never wanted to regularize. For these reasons, attempts to remedy operated by Cameron appeared immediately clumsy and without effect on the political level by highlighting the current weakness of the British prime minister. The real risk, the immediate is to divide the country and exacerbate the deep inequality present in the English social fabric, undermining the balance of overseas companies. As for the prospects of staying in the European Union the issue becomes more difficult, London's output appears increasingly likely, and this should result in the immediate study of countermeasures by Brussels, which, until now, has aimed only to make concessions to the British government to help maintain the UK within the perimeter of the Union; also they will present the difficult cases involving Wales and Scotland intending to remain in Europe, which will become the new legal case in Community law, also because it appears very likely that London will put pressure to that effect. The challenges that start with these scenarios will constitute a proof of great value for Brussels that will have to know how to manage, in the case of output of London, a whole series of new situations, of which does not seem to be entirely conscious.

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