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23.02.2016, 09:20

Citi: the likelihood for Brexit increases

Citi said on Monday that the likelihood for Brexit increased to 30-40% from 20-30%, adding that investors would become nervous.

"The effects of Brexit, if it happens, are likely to be large and painful in economic and political terms, both for the UK and the overall EU," UK economist at Citi, Michael Saunders, wrote.

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