Brexit without agreement will cause long-term damage to EU countries at 1.5% of GDP



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If Britain leaves the European Union without a free trade agreement, it will cause long-term damage to the countries of the Union to about 1.5% of the annual output of the Union. The economy, announced Thursday the International Monetary Fund (IMF).

Britain is expected to leave the EU on March 29, 2019 and negotiations over the Brexitis form are slow. According to the IMF, the economic loss of the EU will be 250 billion dollars (215.74 billion euros) as a result of the calculation of Reuters based on the IMF estimate

. The loss of employment can rise to 0.7% of the EU labor force or more than 1 million jobs

The schedule of losses will depend on the duration of the job losses. transitional arrangements after the brexite, but according to the IMF, it will take at least 5 to 10 years before they are fully apparent. the report anticipates a greater negative impact on the violation of the EU than some previous analyzes, as it counteracts the disruption of supply chains production as well as the impact of tariffs and the restriction of services financial [f, b, e, v, n, t, s] {if (f.fbq) return; n = f.fbq function () {n.callMethod?
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