Or they would just boot them out. Article 7 TFEU does exist.
And the most you could do with this Article is take the UK's voting rights.
I'm sure the UK can come up with ways to punish the EU into submission without breaching any laws. (5% tax would be legal) Also how about vetoing almost everything. That's a political tool that has shown to be very effective for centuries.
Either way you slice it, if the UK wants access to the market at advantageous terms she will get it. The question is only how much does she want it.
Actually, "the risk of a breach" is sufficient. And given that the UK openly promotes xenophobia and racist attacks are on the rise and have been since the Referendum...
Do not expect Europe to play fairly when the UK decides to play dirty, e.g. by trying to actively damage EU member states while being an EU member state..
> And the most you could do with this Article is take the UK's voting rights.
Actually, the EU can take it all, including voting rights.
> I'm sure the UK can come up with ways to punish the EU into submission without breaching any laws.
And I am sure the EU can very easily destroy the UK's economy for the next few decades without much effort, should the need arise. All they need to do is to invoke trading sanctions with any non-EU state that trades with the EU. Let's see if China or the US would rather trade with 40-odd million Britons, or 500 Million EU citizens.
> Also how about vetoing almost everything.
Aka. "the trantruming toddler in the supermarket" - it doesn't work.
> if the UK wants access to the market at advantageous terms she will get it. The question is only how much does she want it.
I agree - and it will cost the UK dearly. After fourty years of special deals with London, the EU is fed up.
I doubt it makes sense for me to engage in a discussion with you.