European Commission, (2016), “The Economic Outlook after the UK Referendum: A First Assessment for the Euro Area and the EU”, European Commisssion, Institutional Paper 032, Ιούλιος
The economic landscape has not changed much in the weeks since the spring forecast was published on May 3, but the results of the UK referendum on 23 June have modified the conditions for the way ahead. The ‘leave’ vote has resulted in financial market volatility, abrupt exchange rate changes, and a substantial increase in uncertainty. These developments and the uncertainty resulting from what is expected to be a protracted period of exit negotiations have the potential to damage the recovery in the EU. While uncertainty is expected to diminish over time, forthcoming changes in the economic and political relationships between the UK and Member States could have a longer lasting impact on the medium to long-term economic outlook.
Σχετικές Αναρτήσεις
- OECD, (2016), “OECD Economic Outlook”, OECD, Volume 2016 Issue 1, Ιούνιος
- World Economic Outlook (WEO) Update, (2016), “Subdued Demand, Diminished Prospects”, IMF, Ιανουάριος.