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IMF’s Lagarde says no-deal Brexit is ‘obviously the worst case scenario’: CNBC

IMF's Lagarde says no-deal Brexit is 'obviously the worst case scenario': CNBC© Reuters. International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the opening ceremony for the first China International Import Expo (CIIE) in Shanghai

(Reuters) – IMF Managing Director Christine Lagarde told CNBC on Tuesday that Brexit poses uncertainty for Europe and UK and that a no-deal Brexit is “obviously the worst case scenario”.

The IMF had warned in November that a no-deal Brexit would cost Britain 6 pct of GDP. The United Kingdom is due to leave the European Union on March 29.

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Source: Investing.com

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