Britain to become a blip on world map after Brexit: French economy minister
France`s economy minister Emmanuel Macron said Britain would become as significant as the island of Guernsey if it votes to leave the European Union (EU) at a referendum on Thursday, in an interview with Le Monde newspaper published on Saturday.
"Leaving the EU would mean the `Guernseyfication` of the UK, which would then be a little country on the world scale. It would isolate itself and become a trading post and arbitration place at Europe`s border," Macron said.
Macron said the European Council would have to send "a very firm message and timetable" to the UK on the consequences of a "Brexit" if Britain decides to leave the EU.PARIS (Reuters) - France`s economy minister Emmanuel Macron said Britain would become as significant as the island of Guernsey if it votes to leave the European Union (EU) at a referendum on Thursday, in an interview with Le Monde newspaper published on Saturday.
"Leaving the EU would mean the `Guernseyfication` of the UK, which would then be a little country on the world scale. It would isolate itself and become a trading post and arbitration place at Europe`s border," Macron said.
Macron said the European Council would have to send "a very firm message and timetable" to the UK on the consequences of a "Brexit" if Britain decides to leave the EU.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
04:47 PM IST