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Finance Minister of the British: the economy is strong enough to be his face challenges ahead
27-06-2016 11:12 AM
Britain's Finance Minister George Osborne, on Monday, that his vote in favor of the exit from the European Union that will likely lead to more volatility in the financial markets.
As is the sixth largest economy in the world in terms of nominal GDP, and the sixth largest in terms of purchasing power parity British economy, with an annual GDP of about $ 2.6 trillion. The United Kingdom has the third largest economy in Europe after Germany and France in nominal terms, the second after Germany in terms of purchasing power parity. the Osborne at the same time, the class that will allow him to face the challenges ahead a strong economy. he said the British minister in his first news conference since the referendum, the government has developed a strong contingency plans to cope with the result vote. since the announcement of the referendum results Friday, recorded huge economic losses in Britain and abroad, and reached the pound sterling to its lowest level since 1985, and announced a big US bank intention to withdraw its business from the UK. it was the biggest loss of theshare stock markets in Europe, America and Asia, lost Friday ( the time of announcement of the results) approximately $ 2.1 trillion.
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