In fact, the European Commission has revamped on Wednesday talks for deeper euro zone integration. The recent election of the pro-European Emmanuel Macron as France’s new president has given a boost to European officials to focus on how to take the European project further. But in the U.K., the government proclaims that Brexit is an irreversible decision.
Soros, nonetheless, is convinced that by the time the divorce talks will end, there will be a new government in the U.K. willing to retain European membership.
“This seems practically inconceivable right now, but in reality, it is quite attainable. Britain is a parliamentary democracy. Within five years it has to hold another general election and the next parliament may want to vote for being reunited with Europe,” he said.
Brexit negotiations are due to start on June 19, after the U.K. has elected a new government. According to EU treaties the talks should not extend beyond March 2019, but political analysts believe technical discussion could drag the process out.
