Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Monday, May 29, 2017

The British Ministry of Finance announced the economic losses after the withdrawal from the EU


The Ministry of Finance of great Britain said that the country could lose the 66 billion euros a year in lost tax revenues in the event of withdrawal from the EU.

As writes The Times, referring to prepared for the government Ministry document, such economic losses will be possible if London after talks with Brussels will not be able to maintain access to the common EU market.

In this case, the UK will become an independent member of the WTO, and this will entail a review of thousands of tariff lines. As a result, national GDP could fall by 9.5%.

source

Related posts:
The reduction of the oil reserves the USA has led to increased Brent by 5%
The Rosselkhoznadzor was killed a year 7.5 million pounds of prohibited food
Russia, China and Mongolia launched a transportation corridor to Europe
The volume of deliveries of Russian beer in Ukraine increased significantly

Recommended

More Stories From Economy