WASHINGTON / VIENNA (dpa AFX) – the International Monetary Fund has intensified its warnings of an outlet of Great Britain from the EU again. An IMF report on economic condition of the United Kingdom assumes that economic performance would be lower in the long term by up to 4.5 percentage points for a stay in the EU. For 2017, the scenario of the IMF provide even a decline in economic performance, should the UK vote on June 23 for the exit from the EU.
IMF chief Christine Lagarde, meanwhile, in a burning appeal the benefits of remaining stresses in the European Union. Britain was part of European production chains, such as in the automotive and aerospace industries, Lagarde said on Friday in Vienna. Britain’s trade volume had increased by membership in the EU, both wages and productivity had increased.
In addition, the EU had helped to transform Britain into a dynamic and vibrant economy. “The UK has benefited from the many contributions of talented and hardworking immigrants from around the world and also from the EU,” Lagarde said. “Membership in the EU has made Britain a richer economy, it has the UK but also made into a diversified, exciting and creative country.”
The experts of the Fund, made it clear that the UK economic main losers of Proposed referendum on United Kingdom membership of the European Union would be. “The main macroeconomic impact would the UK concern,” said an IMF expert.
UK be issued in the adventure Proposed referendum on United Kingdom membership of the European Union despite the recent favorable data from the labor market and growth is an economically battered country. Since the 2008 financial crisis, the UK could no longer satisfy the Maastricht criteria for government debt. The budget deficit currently stands at four percent, the total debt is over 80 percent of gross domestic product. Problems, the IMF continued in productivity and the relatively large current account deficit, of about five Prozent./dm/DP/zb
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