Brexit to cut French growth by 0.3 to 0.6 pct
PARIS, March 19 (Xinhua) -- The departure of Britain from the European Union would affect the growth in France, even if the divorce scheduled for the end of March were amicable, the national statistics institute Insee said on Tuesday.
It projected that an orderly Brexit would trim French economic activities by 0.3 percent over several quarters.
If the EU and Britain failed to agree on a deal, "the increase in customs duties following this hard Brexit would weigh on the French economy," Insee said, estimating that the impact would be 0.6 percent.
- Read more about Brexit to cut French growth by 0.3 to 0.6 pct
- Log in or register to post comments