The key word in the above for me is
"allows" , notwithstanding of course that it is universally agreed that no other country (City) has the capacity to provide this service even if relocation wouldn't cause great upheaval and and hugely damaging expense .
The EU combines the GDP of 28 countries to rank alongside America as a global economy , but that's like saying everyone on this forum if they put all their money in one pot is as wealthy as that guy over there so as a group we are just as influential as him . Ha yeah right
The Eurozone is a failed project , its idealism devoid of reason , it has to keep expanding so impoverished countries in receipt of investment they couldn't otherwise afford can be used to gloss over the fact that even its wealthiest member country fears another financial crash is imminent , banks throughout the eurozone are insolvent and politically they are losing everywhere you care to look .
Saddest part is it won't be the unpredictable that causes another credit crash but rather a self fulfilling prophecy .
Not to worry though because China , America , Japan , India , just about every growing economy which is to say just about every country outside of the EU won't take advantage of that crash when it comes because ..................
We are better off out , at least then we are steering our own ship when the storm hits .