, 5 tweets, 3 min read Read on Twitter
New #Brexit report out from @BertelsmannSt

Estimating the impact of Brexit on
European countries and regions:

bit.ly/2U5I6Qm
@BertelsmannSt In a no-deal Brexit "we find, unsurprisingly, that the country that would lose out the most is the UK. Welfare would go down by 2.39%
which translates into 873 euros per capita and an aggregate cost – computed as cost per capita times population – of more than 57 billion euros."
@BertelsmannSt "The simulations suggest that this would cause more than
750,000 people to leave the UK for better prospects elsewhere."
@BertelsmannSt The economic costs of Brexit (country by country)

U.K. to experience income losses exceeding €57bn a year.
@BertelsmannSt Economic losses in the U.K. will be more pronounced in regions that are geographically closer to the EU such as East Anglia, Kent and Essex.
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