What is the defining characteristic of the EU? Before we start discussing any schemes about its future, we need some clarity on the issue.

For me, the 1957 Treaty of Rome, which established the European Economic Community, answered the question conclusively. Article three says: “The activities of the Community shall include?.?.?.?the elimination, as between Member States, of customs duties and of quantitative restrictions on the import and export of goods?.?.?.; the abolition, as between Member States, of obstacles to freedom of movement for persons, services and capital.”

In other words, the very essence of the EU are the four freedoms: of movement for goods, services, capital and people. The four freedoms are to the EU what golf is to a golf club. You can play golf, watch others play golf, talk about golf, or join me at the 19th hole. But you cannot turn the golf club into a bingo hall unless everybody else agrees with you.