Brexit update: Leave campaign leads race but undecided voters will determine the outcome of the EU referendum

David CAMERON, Prime Minister of the United Kingdom, at the European Council. Shoot location: Brussels – Belgium. Shoot date: 18/12/2015. Copyright: ‘The European Union’.

David CAMERON, Prime Minister of the United Kingdom, at the European Council. Shoot location: Brussels – Belgium. Shoot date: 18/12/2015. Copyright: ‘The European Union’.

The time has come and the British citizens will have to take the faith of their country in their own hands. In just over a week they will decide whether they want to stay or leave the European Union with the rest of the world to wait the outcome with great anxiety.

There have been several opinion polls during the last days and almost all show that the Leave campaign is leading but the undecided voters are the ones to determine the outcome of the EU-UK referendum. Some of the main issues that play crucial role and could influence UK citizens’ minds are the and the growth of the national economy.

Europe wants UK to stay

Will UK be a member of the EU after June 23? Nobody can be sure but that is something that the European leaders and officials want and are doing whatever they can to persuade the British people to stay within the “European family”. Donald Tusk warned that a Brexit vote will cause rise of anti-European power and create negative effects to both economies.

More specifically, the president of the European Council said: “As a historian I fear Brexit could be the beginning of the destruction of not only the EU but also Western political civilisation in its entirety. Every family knows that a divorce is traumatic for everyone. Everyone in the EU, but especially the Brits themselves, would lose out economically.”

What is more, Martin Schulz, the president of the European Parliament, mentioned that problems such as financial crisis, climate change, refugee crisis must be dealt at a European level “with more and better Europe” showing his clear support for the Remain campaign.

Polls reveal Brexit

There have been numerous opinion polls regarding the outcome of the EU-UK referendum with the main finding so far to be that the Brexit side has raised its percentage to a great extent reaching the Remain one.

The TNS online poll of 2.497 people which was published yesterday reveals that 47% of them want UK to leave the EU whereas 40% will vote to stay within the bloc. However, a considerable part of 13% still hasn’t decided or will not vote in the upcoming referendum.

Similar results were shown by the ORB online poll which gives to the Leave campaign a 10 point lead. Another online study (The Opinium) which was conducted in a sample of 2009 voters and published on June 12 for the Observer showed that both sides are close to 43-44% but the undecided voters consist of 13% of the total sample which makes things quite fragile.

Furthermore, the average of the six polls (both online and phone) conducted during the previous week show that both sides are close with the Remain one to maintain a small lead.

Possible UK exit causes financial markets’ volatility

The recent volatility of the world markets with the sterling to decline against almost all main counterparts experiencing a 1.1% decrease has raised serious concerns. The S&P 500 and MSCI World Index’s drop revealed also that the increase of Brexit’s probabilities have contaminated the financial world.

Nevertheless, UK is and will always be influencing the rest of the global markets with or without an EU-exit probability. There will always be uncertainties which will cause turbulences to the financial markets but eventually they will come back to normal in the long-run.

Besides, the European Central Bank (ECB) will pledge to support markets in the event of a Brexit scenario according to a senior central bank official who stated to Reuters that “there will be a statement to do whatever it takes to maintain adequate market liquidity.” The latter shows that the European mechanisms want to be ready in any case and several meetings have been scheduled especially on June 23 and 24 between Mario Draghi and his European peers.

Undecided voters will make the difference

The polls have shown that people are changing their minds according to the latest news and find it difficult to decide what is best for them. The percentage of people who has not yet decided if or what will vote is most likely to reveal the winner of the referendum. One thing is most likely to happen though. Undecided voters in general tend to support the side which preserves their status quo in fear of the unknown and in this case is the Remain side.

All in all, the coming days till the referendum will be crucial and both sides are about to make their last desperate efforts to persuade the remaining undecided Britons to vote in their favor by always looking for what the best for the UK.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

Schengen is losing ground fast revealing Europe’s clear inability to deal with migration crisis

Agriculture and Fisheries Council

European Commission presents comprehensive approach for the modernisation of the World Trade Organisation

Bram in Colombia

The Commission sees ‘moderate recovery’ but prospects deteriorate

Look Mom, even the House of Lords says the #righttobeforgotten is not right

EU’s Finance Ministers draft plan to raise tax bills of online giants like Google and Amazon

FROM THE FIELD: A UN peacekeepers-eye view of DR Congo

End ‘cycle of violence’ in Gaza, UN deputy chief tells forum on Palestine

AIESEC Vlog

The Next Web 2014, the biggest European conference on Internet so far and the Absence of Brussels from Amsterdam

The challenges of mental health among the Syrian medical students

European tourism remains a strong growth factor

Britain heading to national schism on exit from EU

Google case: A turning point in competition rules enforcement

The Sichuan Province of China presents its cultural treasure to the EU

YOUTH RIGHTS AT RISK FROM RISE OF EXTREME-RIGHT AND POPULISTS IN THE EUROPEAN PARLIAMENT

Lagarde’s metamorphoses, not a laughing matter

The EU spent €158 billion on vague, open-ended rural projects

Eurozone guarantees all banks with…taxpayers’ money

Trump’s trade war splits the EU; Germany upset with Juncker’s “we can be stupid too”

#Travelgoals: why Instagram is key to understanding millennial tourism

More than just a phone: mobile’s impact on sustainable development

IFMSA and IPSF on the Health of Migrants and Refugees

Connectivity and collaboration in the ICT industry: the key to socio-economic development

Parliament to ask for the suspension of EU-US deal on bank data

Alexandre in Czech Republic

Belgium: Youth Forum takes legal step to ban unpaid internships

Europe united in not supporting a US attack on Syria

Cocaine and opium production worldwide hit ‘absolute record highs’ – major threat to public health says UN study

Why will Paris upcoming “loose” climate change agreement work better than the previous ones?

Summer JADE Meeting 2015: We came curious, we left inspired

Why cities hold the key to safe, orderly migration

Prevention is key to ‘breaking the cycle of HIV transmission’, UN chief tells General Assembly

UN rights chief calls for international inquiry into Kashmir violations

Tax reforms accelerating with push to lower corporate tax rates

At global health forum, UN officials call for strong, people-focused health systems

2014 budget: The EU may prove unable to agree on own resources

Who may profit from the rise of the extreme right in the West?

NATO summit, Brussels, 11-12/07/2018

Galileo and EGNOS programmes back in orbit powered with €70 billion

The G7 adopted dangerous views about Ukraine and Greece

Businesses succeed internationally

UN agency warns conditions around Yemen’s key port city of Hudaydah still ‘very bad’, as staff rush to deliver aid

Russia – US in Syria: Selling Afrin to Turkey but facing off ruthlessly for Ghouta

GSMA Mobile 360 Series – MENA in Dubai, in Association with The European Sting

India’s agro-food sector has made strong progress, but a new policy approach is needed to meet future challenges, says new report by OECD and ICRIER

The opportunity of studying Medicine abroad

Journey of my life

ECB: Reaching the limits of its mandate to revive the Eurozone economy

COP21 Breaking News_03 December: Argentina Accepts KP Amendment

European Youth Forum warns of a Peter Pan generation as a result of financial crisis and response to it

Cancer research put at risk by General Data Protection Regulation? The possible dangers of a data privacy EU mania

Trump enrages the Europeans and isolates the US in G7

The EU Parliament slams Commission on economic governance

Torture is unacceptable and unjustified ‘at all times’ underscore top UN officials

EU Budget: InvestEU Programme to support jobs, growth and innovation in Europe

Senior UN children’s advocate says they ‘should never be targeted by violence’

A new global financial crisis develops fast; who denies it?

The great challenge of the 21st century is learning to consume less. This is how we can do it

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s