Burgess raises EU reciprocity - by Scott Neil
Europe could turn off the tap of wealth and prosperity that Bermuda has enjoyed through its offshore international business. In a new perspective placed on the Independence debate, residents have been asked to consider what might happen to Bermuda’s powerhouse international business economy if the country doesn’t break free from UK dependence.
Previous discussions have addressed concerns about international companies being wary of Bermuda untying itself from the UK, but equal attention should be given to the possible implications for Bermuda regarding tighter regulations within the European Union. So says former union leader Derrick Burgess MP as he warned that the EU constitution will impact the UK and, by extension, her overseas dependencies.
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