Brexit: probability of a disorderly exit has increased and the entire European economy will suffer

Yesterday, the British House of Commons voted against again to abolish the British EU membership agreement, so MEPs can decide on an unsettled exit.

According to the Brexit analysis of the Atradius credit insurance, the economy of all the Member States of the European Union can be discouraged by the exit. According to the study, in the case of hard brexit, bankruptcy in the island could be 14 percent higher this year than last year. The 4 percent increase in inflation will primarily affect the British retail and catering industry, while trade restrictions mainly affect the manufacturing industry, the chemical industry and the textile industry. Among the EU Member States, most bankruptcies are expected in Ireland, the Netherlands, Belgium and Denmark.