Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

'Hard' Brexit seen dire for Dutch but far worse for Brits: Rabobank

SHARE:

A European Union flag flies in front of Union Jack flags in London, Britain, September 13, 2017.

AMSTERDAM - A disorderly Brexit could hit Dutch GDP twice as hard as previously estimated while decimating Britain’s economy, Rabobank said in a study published on Thursday.

Britain leaving the European Union in March 2019 without a replacement trade deal would trim as much as 4.25 percentage points off the Dutch economy by 2030, the Dutch bank estimated.

Dutch economic forecaster CPB last year calculated the loss in that scenario at up to 2 points of GDP.

In Britain, meanwhile, a hard Brexit would slash the economy by up to 18 points by the same date, Rabobank said in the 17-page study.

Given the many uncertainties still in play, banks have generally been wary of trying to quantify the impact of Brexit.

But there is a consensus that a divorce with no trade deal would spook financial markets, tarnish London’s reputation as one of the world’s top two financial centers and sow economic chaos across the region.

Rabobank estimated the loss for the Netherlands in the worst-case scenario would be 4,000 euros ($4,750) per worker by 2030, and 13,500 euros per British worker.

A “soft” Brexit incorporating trade deals would knock up to 3 percentage points off Dutch GDP, the bank said, again a less optimistic scenario than CPB’s estimate of 1.2 points.

COMMENTS

Name

Ads,5,Afghanistan,69,Africa,17,Americas,4,Animals,36,Asia,186,Australia,9,Austria,3,Bahrain,2,Bangladesh,16,Barcelona,1,Belgium,3,Brunei,1,Business,1240,Canada,2,Catalan,80,China,112,Cuba,3,Egypt,21,Europe,207,Fitness,14,France,22,Germany,33,Headlines,11,Health,168,Hillary Clinton,199,Hong Kong,1,Hungary,1,Iceland,1,India,100,Indonesia,8,International,75,Iran,75,Iraq,72,Ireland,2,Islamophobia,19,Israel,8,Italy,2,Japan,26,Jordan,1,Kenya,5,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,302,Lithuania,1,Malaysia,12,Malta,1,Maxico,3,Middle East,111,Muslim World,572,Myanmar,32,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,9,Niger,1,Nigeria,1,Nobel Prize,81,North Korea,49,Norway,1,Opinion,26,Pakistan,1021,Palestine,35,Philippine,11,Pics,66,Poland,2,Popular,1,Qatar,93,Rohingya,118,Russia,37,Rwanda,1,Saudi Arabia,80,Science,144,Serbia,2,Showbiz,347,Somalia,4,South Africa,1,South Korea,5,Spain,49,Sports,1289,Sudan,1,Sweden,1,Switzerland,2,Syria,104,Taiwan,2,Technology,437,Thailand,4,Today IN History,21,Top News,983,Tunisia,1,Turkey,73,U.S.,270,UAE,21,UK,46,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4682,Yemen,21,
ltr
item
Muslim Global: 'Hard' Brexit seen dire for Dutch but far worse for Brits: Rabobank
'Hard' Brexit seen dire for Dutch but far worse for Brits: Rabobank
A disorderly Brexit could hit Dutch GDP twice as hard as previously estimated while decimating Britain’s economy, Rabobank said in a study published on Thursday.
https://2.bp.blogspot.com/-1iR1NeBR6WA/Wd84UwbXNtI/AAAAAAAAj_4/qU-ewo6k2Zg-ezigjeFKfWUc-HI4ph0CgCLcBGAs/s640/A%2BEuropean%2BUnion%2Bflag%2Bflies%2Bin%2Bfront%2Bof%2BUnion%2BJack%2Bflags%2Bin%2BLondon%252C%2BBritain%252C%2BSeptember%2B13%252C%2B2017..jpg
https://2.bp.blogspot.com/-1iR1NeBR6WA/Wd84UwbXNtI/AAAAAAAAj_4/qU-ewo6k2Zg-ezigjeFKfWUc-HI4ph0CgCLcBGAs/s72-c/A%2BEuropean%2BUnion%2Bflag%2Bflies%2Bin%2Bfront%2Bof%2BUnion%2BJack%2Bflags%2Bin%2BLondon%252C%2BBritain%252C%2BSeptember%2B13%252C%2B2017..jpg
Muslim Global
http://www.muslimglobal.com/2017/10/hard-brexit-seen-dire-for-dutch-but-far.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/10/hard-brexit-seen-dire-for-dutch-but-far.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy