Barack Obama says he doesn’t anticipate huge change from EU exit

By: | Published: June 29, 2016 9:53 AM

President Barack Obama isn't expecting "major, cataclysmic changes" as a result of Britain's pending exit from the European Union.

barack obamaObama says Europe hasn’t fared as well as the United States since the financial crisis that struck in 2008. (Reuters)

President Barack Obama isn’t expecting “major, cataclysmic changes” as a result of Britain’s pending exit from the European Union.

Speaking to NPR, Obama also said there are more differences than similarities when it comes to Britain’s election compared with the current presidential election in the United States where discontent has fueled Republican Donald Trump’s rise.

Also Read: US interest in UK travel soars after Brexit

Obama says Europe hasn’t fared as well as the United States since the financial crisis that struck in 2008, and there was some belief that the European Union was moving too fast and without as much consensus as it should.

“I think that the best way to think about this is, a pause button has been pressed on the project of full European integration,” Obama said in the interview, parts of which aired today.

“I would not overstate it. There’s been a little bit of hysteria post-Brexit vote, as if somehow NATO’s gone, the trans-Atlantic alliance is dissolving, and every country is rushing off to its own corner. That’s not what’s happening.”

Obama acknowledged some similarities between Britain’s election and the presidential election in the US.

He says people have been able to into fear that people may have about losing control and to offer “vague, nostalgic feelings about how, you know, we’ll make Britain great again, or we’ll make America great again.”

But Obama said he didn’t believe Trump was “a legitimate spokesperson for a populist surge from working class people on either side of the Atlantic.”

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