Hugo Dixon is a columnist and entrepreneur. He is chairman and editor in chief of InFacts, a journalistic enterprise making the fact-based case for Britain to stay in the European Union. His most recent book is "The In/Out Question: Why Britain Should Stay in the EU and Fight to Make it Better". He founded Breakingviews in 1999, was editor in chief and chairman until it was acquired by Thomson Reuters in 2009, and continued to edit it until 2012. Before founding Breakingviews, Hugo spent 13 years at the Financial Times, the last five as Head of Lex. He began his journalistic career at the Economist. Follow him on twitter: @hugodixon
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A victory for Brexit will trigger political turmoil and acrimonious divorce talks. Investment will grind to a halt as firms wait for the fog to clear. That could cause a recession.
If the IMF and the EU can’t quickly resolve their conflict over Greece’s bailout, graphically highlighted by a WikiLeaks transcript, Athens could run out of cash in July. The sense of crisis would mount in the preceding weeks, just as the UK votes on whether to stay in the EU.
An offer to reduce disorderly migration would cut the risk of Britain leaving the EU and Greece quitting the euro. It would also shore up German Chancellor Merkel’s position, helping stabilise the EU and the Schengen Area. What it won’t do is stop anti-migrant populism in Europe.
- Dixon: Investors yet to price in Brexit risks
- Dixon: How to rehabilitate capitalism
- Dixon: EU’s latest challenge - rule of law
- New Greek opposition leader may cause instability
- Dixon: EU enters brave new world of bank bail-ins
- Dixon: EU could fall apart without flexibility
- Dixon: UK’s EU bind not quite a blind alley