The European Union, on the other hand, has said it is unwilling to renegotiate the Brexit agreement.
Great Britain could face a <x0-0-0-0-0-euro economic output”
Periskopi
(7 years ago)
(7 years ago)An exit without agreement from the European Union will result in an immediate shock to the economy of Great Britain, Bank of England Governor Mark Carney has warned. Products such as gasoline and food will become more expensive, he said. He predicted that the British currency value would fall [...]
An exit without agreement from the European Union will result in an immediate shock to the economy of Great Britain, Bank of England Governor Mark Carney has warned.
Products such as gasoline and food will become more expensive, he said.
He predicted that the value of the British currency would fall as a consequence of what he described as a true “economic”.
The Bank of England has said the economy is expected to grow by 1.3 per cent this year, the lowest this figure, that its earlier forecast of 1.5 per cent, if Great Britain leaves the EU with an agreement.
The bank did not say what was expected to happen in the case of a Brexit without an agreement.
Britain has reached agreement with the EU on the terms of divorce last November, after two years of negotiations.
But it has been refused three times by the British Parliament, largely because of policies on the border with Northern Ireland, what has led to Theresa May's resignation from the post of prime minister.
The new British Prime Minister, Boris Johnson, has indicated that his country will leave the European Union on 31 October, with or without agreement.
