'Brexit' could mean disintegration of EU or UK, says Roubini

By REUTERS
June 26, 2016 06:15

 
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TIANJIN - Britain's decision to leave the European Union could be the beginning of the disintegration of the bloc of countries or the United Kingdom, said economist Nouriel Roubini on Sunday.

But people should not expect a recession or financial crisis in the wake of the "Brexit" vote, said Roubini, speaking at the World Economic Forum in China's northern city of Tianjin.
Stock markets around the world plunged in the wake of the referendum while the Sterling's value also plummeted.

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