Lithuania to be most affected by Brexit

  • 2016-07-13
  • BNS Staff
The United Kingdom’s withdrawal from the European Union will have the biggest negative effect upon Lithuania among all countries of Eastern Europe, Standard & Poor’s said in a statement. According to the international rating agency, Lithuania would be most affected due to the high number of emigrants living in the UK. According to calculations made by the agency, Lithuanians make 5.4 per cent of the UK population, and their remittances account for 1.2 per cent of the country’s gross domestic product (GDP). Standard & Poor’s said EU funds make a large share of...
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