Brexit would trigger 'shock' and 'instability'

GMT 10:37 2016 Monday ,18 April

Arab Today, arab today Brexit would trigger 'shock' and 'instability'

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Britain would suffer a "profound economic shock and real instability" in the short-term if it votes to leave the European Union in a referendum in June, finance minister George Osborne said on Monday.

"In the short-term we'd face a profound economic shock and real instability," Osborne said as he outlined a report focusing on the type of agreement Britain could conclude with the EU in case of so-called Brexit.

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