Soros predicts the collapse of European Union after Brexit
13:46, 26 June 2016

Soros predicts the collapse of European Union after Brexit

He believes that EU ceased to meet needs of its citizens

13:46, 26 June 2016

American financier George Soros said that the British decision to leave the EU on the results of the referendum means "practically irreversible disintegration of the EU". About this he wrote in his comments about Brexit on the Project Syndicate website.

In this case the financier said that Brexit will harm the country itself.

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"Britain eventually may be relatively better than other countries at the exit from the EU, but its economy and population will suffer greatly in a period from short to the medium term", - Soros wrote.

Soros also predicted the collapse in the UK and European markets, including the real estate market.

In addition, Soros admits that Scotland will make another attempt to gain independence and stay in the EU, and  Northern Ireland will unite with the Republic of Ireland.

Related: The Guardian: George Soros: EU exit risks 'black Friday'

Related: WikiLeaks: Leak of Panama Papers funded by U.S. Government and Soros

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