The study evaluated a British exit from the EU at $145 billion

The study evaluated a British exit from the EU at $145 billion


Moscow. March 21. A British exit from the EU would lead to “serious shock” to the British economy, the country could lose up to 2020 about 100 billion pounds ($145 billion), according to the study conducted by the business group CBI (Confederation of British industry).

This, as noted in the report of the panel, equal to 5% of the annual GDP of the country.

“The analysis very clearly showed why leaving the EU will be a real storm for living standards, employment, economic growth,” reads the document.

It notes that “even in the best outcome would be a severe shock to the British economy”.

In the case of withdrawal from the EU, Britain could lose 950 thousand jobs, that is, the unemployment rate in 2020 will increase by 2% -3% more than in the case if the country will remain part of the European Union, according to the results of the study.

The decision on the UK’s membership of the EU should be taken by referendum, scheduled for 23 June 2016.