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Brexit could be catalyst for reinventing EU

The shocks of a British exit could galvanise a smaller EU towards integration, common institutions and direct elections.

Brexit needs to be judged against - and may well turn out to be a referendum on - the state and prospects of the EU.

New York

THE conventional wisdom is that the British exit from the European Union (EU) - Brexit - would be bad for everyone: the British people, the UK, the EU and even the US. While that may be true, in the age of Donald Trump - the unconventional presumptive Republican nominee for US...

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