If the UK leaves the European Union, the so-called ‘Brexit “to harm the British and Dutch economies.
The economic desk of ING brought the potential consequences of a departure of Britain from the EU map. Just the unrest because of the referendum in 2017 on a Brexit already takes care of slowdown in the UK economy. A departure may reduce the growth of the whole EU, and therefore the growth of the Netherlands.
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In particular, the Dutch export can get hits and Netherlands also lost an ally in advocating for more market-oriented reforms Europe, ING economists think.
Last weekend was revealed that the British central bank has been doing research into the financial and economic consequences of a British exit from the EU. The British people may express themselves by the end of 2017 in a referendum on whether the country should remain in the EU or have to step out. That the newly re-elected Prime Minister David Cameron promised. Ahead of the referendum, he will negotiate reform of the EU and the British position within the EU. Then the British people as Cameron will really what to choose.
The UK is the most important trading partner after Germany Netherlands. Our country annually exports to 47 billion euros to the other side of the Channel. Trade with the British, according to ING accounts for 300,000 jobs in the Netherlands and Great Britain with 76 billion euros of the largest international investors in our economy.
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