Tuesday, 28 January 2020

UK economy is bigger than 18 smallest EU countries combined

Image result for united kingdom and european unionYesterday the Irish prime minister Leo Varadkar told the BBC: '"The European Union is a union of 27 member states. The UK is only one country. And we have a population and a market of 450 million people.'  He was arguing that the UK is 

Yes it is true that the European Union is a union of 27 countries.

However as Alexander Von Schoenburg recently pointed out in a British newspaper: 'Your economy is bigger than the 18 smallest EU countries combined. This means in economic terms that the EU will lose not just one member state — but shrink from 28 members to ten.'

Leo Varadkar should remember that arrogance is never attractive and that a little more modesty would go a long way.

The United Kingdom may be a country of modest size but it has the fifth largest economy in the world.

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