🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

France's Hollande: Brexit would be bad news for world economy

Published 2016-05-27, 02:55 a/m
© Reuters. France's Hollande: Brexit would be bad news for world economy

ISE-SHIMA, Japan, May 27 (Reuters) - French President
Francois Hollande said on Friday that a British exit from the
European Union would be bad news for the global economy,
although it was not for France to say what Britain should do.
"Economically, it would be bad news, bad news for the United
Kingdom, as well as the world, not just Europe," Hollande told a
news conference after the conclusion of a Group of Seven leaders
summit in Japan.
"That would trigger capital transfers as well as the
relocation of some activities that would not be for the benefit
of the United Kingdom or even for Europe," he said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.