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Brexit Box

A "Brexit Box" containing dried food and other supplies.

Brexit

The European Union has 28 members and the Union's currency euro is being used by 19 member countries. The UK is a big contributor to the EU but is not a big beneficiary. Germany's dominance in the European Union is increasing, with the UK becoming weak. The displacement of people from West Asia and Eastern European countries has increased the fear of losing the benefits of jobs and social welfare among the UK people.


The capital of the European Union is located in Brussels, Belgium; Some Britishers think that Brussels's bureaucrats should not decide which laws Britain should abide by. The UK is not satisfied with the EU economic model. It is not satisfied with the European Union's central bank in terms of dealing with the 2008 financial crisis. According to some estimates, the UK economy is losing 600 million euros every week. After Brexit voting, the value of the pound has become weakest in 30 years, it will have an impact on the country's import-export.

Brexit Box

Brexit Box


Source-THE HINDU

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