Brexit Will Cost EU $10.4 Billion in Annual Net Contribution

January 30, 2017

Brexit is an abbreviation for "British exit," which refers to the June 23, 2016, referendum whereby British citizens voted to exit the European Union.

The referendum roiled global markets, including currencies, causing the British pound to fall to its lowest level in decades.

On the other hand, Brexit will cost EU:
  • 18% of its GDP
  • 13% of its population
  • EU's largest military spender
  • $10.4 billion in annual net contribution
, ,
By:
Ahmed Xahir
Ahmed Xahir

This is a short biography of the post author. Maecenas nec odio et ante tincidunt tempus donec vitae sapien ut libero venenatis faucibus nullam quis ante maecenas nec odio et ante tincidunt tempus donec.