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The E.U. is the latest of a series of multinational organizations set up after World War II to ensure that there would never again be a pan-European war and to create the conditions for a new European prosperity after the destruction wrought by the war against the Nazis. The E.U. has admirably succeeded at both.

E.U. is the first global domestic market.

Firstly, people take for granted that the E.U. has created the biggest economic space in the world.

The E.U. is an organization that was created after the Second World War for calming down the nationalism of member states, and it did so very successfully.

As for the single market, the E.U.'s landmark achievement, there is no question that a euro zone breakup would severely disrupt its operation in the short run.

I take notice of those who have argued consistently for the modernisation of the E.U., but so many of the skeptics in Britain are just hostile to the whole European idea.

The E.U. is more than just a trade organization or a common market; it is a guarantee of democracy, freedom, justice, and human rights. Nations cannot stay in the E.U. if they do not respect these guarantees.

What goes on in Europe concerns us greatly because, if Europe comes apart, the E.U. comes apart, then you're going to have enormous impact on America, that's a very big trading partner of ours, and people own securities around the world in this day and age.

If the E.U. allows itself to be priced out of the world economy, the next generation will not get jobs, living standards will decline, and the Union will lose the popular consent of the people of Europe.

Leaving the E.U. would mean the 'Guernseyfication' of the U.K., which would then be a little country on the world scale. It would isolate itself and become a trading post and arbitration place at Europe's border.