EUROPEAN UNION (EU) BREXIT BRITAIN & EXIT impact

1. BREXIT
Anuroop & jaimy

2. EUROPEA
N UNION
(EU)
7/24/2016BREXIT 2

3. FORMATION OF E U
Geo-political entity , single market
Began in 1951
Founded upon numerous treaties
Expansions from 6 member states to 28
Got its name EU in 1992 from Maastricht treaty
Common currency - Euro
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4. BREXIT ?
BRITAIN &
EXIT

5. Brexit
7/24/2016BREXIT 5

6. 7/24/2016BREXIT 6

7. Impact on uk
 Jobs,
Leave : A job boom as firm get rid from EU red tape.
Stay : millions of jobs would be lost as global manufacturers moved to lower- cost EU countries.
 Immigration
Leave : full control over borders , regains jobs ,hospital & others public services
Stay : free movement of EU migrants & good for Britans economy
 Trade
Leave : Trade barrier, free from huge amount paid to EU
Stay : free trade is possible with EU remains
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8. 7/24/2016BREXIT 8
Impact
• On global economy
 Elevated risk of global recession
 Short term turmoil in currency and equity markets persist
 End of ‘spirit of globalism’ may cause rethink on trade pacts
•On EU
 Future of union in question as anti-EU rise in France, Italy and Netherlands
 Creeping isolationism could impact immigration into the Eurozone

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Impact
 On India
 This will make dollar stronger thus lead to inflation
 Negative impact on the Indian firms in uk (Tata)
 Will negatively affect the Indian markets (hike in crude oil & gold )
 Scope for increased investment in India firms by foreign nations

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