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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