The International Monetary Fund (IMF) has intensified its warnings of a Proposed referendum on United Kingdom membership of the European Union again. In the case of an EU exit the economic performance of the country will be up to 4.5 percentage points lower in the long term, according to IMF forecast as for a stay in the EU. For 2017, the scenario of the IMF even see a decline in economic output in front, the British should vote in the referendum on 23 June for the Proposed referendum on United Kingdom membership of the European Union.
In an urgent appeal IMF chief Christine Lagarde stressed, meanwhile, the benefits of staying in the EU. 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 have increased.
IMF chief Lagarde: EU has made Britain richer
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in addition, the island state had also can turn thanks to the EU into a dynamic and vibrant economy. “Great Britain 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 also made it clear that Britain had the greatest losses in the event of Proposed referendum on United Kingdom membership of the European Union. “The main macroeconomic impact would affect the UK,” said an IMF expert.
Fears of a withdrawal from the EU stressed the Wall Street close out the week. Especially technology stocks as the Nasdaq 100 (minus 1.13 percent) fell on Friday under pressure. The president of the Federal Reserve, Janet Yellen, had recently said that a Proposed referendum on United Kingdom membership of the European Union threatens the global economy and financial markets.
Britain is economically injured – without Proposed referendum on United Kingdom membership of the European Union
The UK is economically injured, although the recent more favorable growth figures and labor market data on a recovery point. Since the 2008 financial crisis, it 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.
The British vote next Thursday on the whereabouts of their country in the EU from. Supporters and opponents of Brexits their election campaigns set after the assassination of the Labour MEPs Jo Cox on Thursday to Saturday.
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