Brexit will have 'worse economic impact on UK than EU'

Brexit will have 'worse economic impact on UK than EU' - Jean Claude

 

      Brexit will have a bigger economic impact on the UK than the European Union, the statement was made by Jean-Claude Trichet  the  former head of the European Central Bank.

      He said that he break-up was "totally contrary to the new world" of large emerging economies, with single currencies and single markets.
     Asked how Brexit would affect the other EU countries, he said: "It's very much a question of proportion."
The EU's economy is worth about £13tn, compared to the UK's £2tn.