Panic over ECONOMIC COLLAPSE hits Brussels WBRVvey

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Panic over ECONOMIC COLLAPSE hits Brussels

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Panic over ECONOMIC COLLAPSE hits Brussels Vide

Subject: Panic over ECONOMIC COLLAPSE hits Brussels Sun Feb 17, 2019 1:14 am

LEADING Brexiteer Jacob Rees-Mogg has taken aim at the eurozone’s growth record, claiming that the European project proves “the more Europe, the worse you do” - amid mounting fears over economic collapse in the EU. Jacob Rees-Mogg has branded the eurozone project an “utter failure” - amid growing fears over the single currency across the continent. Speaking on his LBC phone-in show, the leading Brexiteer said that the UK’s refusal to join the euro had been “an enormous advantage” to Britain. This comes amid fears that the European Union is heading towards a recession this year. Mr Rees-Mogg told listeners: “The eurozone from 1997 to 2017 saw economic growth of 26% against 46% for the UK so not being in the eurozone has been an enormous advantage. “It shows the more Europe the worse you are likely to do." The Brexiteer’s criticism of the EU’s single currency project comes amid mounting uncertainty in Europe over its economic future. Doug Ramsey, chief investment officer at The Leuthold Group, told Bloomberg on Friday that the EU was on the brink of a recession. https://www.express.co.uk/news/world/1088135/Jacob-Rees-Mogg-eurozone-European-Union-single-currency-economy-recession

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