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.

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"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.