European Union

Submitted by Michael Shedlock via MishTalk.com,

German finance minister Wolfgang Schäuble warns the UK faces stiff rules on tax breaks and prolonged EU payments.

Such threats are nothing more than an extortion attempt by the EU on the UK.

Schäuble’s threats are laughable because they are unenforceable, yet extremely serious because of likely end results.

Please consider yet another foolish EU threat: Wolfgang Schäuble Sets Out Tough Line on Brexit.

Submitted by Yves Manou via The Gatestone Institute,

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,

Submitted by Michael Shedlock via MishTalk.com,

The UK is not the only country with increasing doubts about the EU.

A Pew Research Center study on Euroskepticism Beyond Brexit shows a huge dip in EU favorability across the board.

France has an even lower overall favorable rating of the EU than the UK. The favorable score is 38% in France, 44% in the UK.

Submitted by John Mauldin via MauldinEconomics.com,

Two polls were recently released that call the European Union in question.

A poll in Italy reported that the Five Star Movement (a populist political party that wants to hold a referendum on whether Italy should remain in the European Union) was the most popular political party in the country ahead of local elections scheduled for next month.