Brexit 'could send Europe shares down 25 per cent'

German finance minister reiterates warnings to Britain

10th June, 2016
Study simulated Brexit effect on hypothetical portfolio Pic: Getty

A study to test the effects of a British departure form the European Union has found that European equities could lose about a quarter of their value in the immediate aftermath of a Brexit.

“There is an assumption that Brexit is not going to happen – if it happens, no one is mentally fully geared up for it yet,” Philip Jacob, one of the researchers who authored the report, told Bloomberg. “We’ll see the equity...

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