Economists: Negative effects from Brexit for Lithuania won’t be immediate

  • 2016-06-23
If the United Kingdom opts to leave the European Union during Thursday’s referendum vote, Lithuania will not feel any negative effects in the short- to mid-term, according to economists surveyed by BNS. In the long term, however, negative repercussions from the so-called Brexit may reach the Baltic country. According to the experts consulted, if Britain were to leave the EU, Lithuania would see a decline in UK-bound exports and a decrease in remittances from Lithuanians living in Britain after the end of the withdrawal process, which would take approximately two yea...
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