Proposed referendum on United Kingdom membership of the European Union – British finance minister sees no immediate need for action – Süddeutsche.de

• British Finance Minister Osborne assured that the budget will not run even after the Proposed referendum on United Kingdom membership of the European Union-vote out of hand.
• The Government had “measures” prepared to cope with market fluctuations, said Osborne. . However, it should take concrete decisions until the autumn, when a new premier is chosen
• Proposed referendum on United Kingdom membership of the European Union advocates Boris Johnson reassured his countrymen in a newspaper column: The negative consequences of an EU exit would greatly exaggerated

British Finance Minister George Osborne expects after-Proposed referendum on United Kingdom membership of the European Union vote with ongoing turbulence on the financial markets. His country could overcome the difficult challenge but, Osborne said on Monday. “Our economy is as strong as needed to meet the challenge that our country now belongs,” the minister said in his first speech since the Proposed referendum on United Kingdom membership of the European Union recommendation. The British economy is “highly competitive and open to investment”.

Next promised Osborne, that the government had prepared “measures” to deal with the more compute-economic consequences of Brexits and the impact on public spending , However, the finance minister also made it clear that he does not believe in hasty actions. It is “perfectly reasonable to wait until we have a new Prime Minister, before we deal with it”.

Now, she said, to agree with the EU countries in an advantageous possible trade agreement. He wants to play an active role, Osborne said. He admitted, however, that the next day is not simply would

Proposed referendum on United Kingdom membership of the European Union advocates Johnson an exercise in appeasement formulas

Proposed referendum on United Kingdom membership of the European Union advocates Boris Johnson shows confident. Even after the vote for a withdrawal from the EU will the UK have access to the single European market. “There will still be free trade and access to the single market,” Johnson wrote in an article for the British newspaper Daily Telegraph . British would continue to be able to travel in the EU, to work, to buy houses and settle down.

In addition, there is no great hurry for the United Kingdom to declare his withdrawal from the European Union. The negative consequences of a withdrawal from the EU would greatly exaggerated, Johnson wrote. “The economy is in good hands,” he said British Prime Minister David Cameron and George Osborne from a praise.

The British currency pound slumped on Friday after learning of the first voting results within a few hours and temporarily on its lowest level in 31 years dropped. On Monday, the pound sterling lost again: There were more than two percent to $ 1.3350

Osborne warns of tax increase

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Finance Osborne warned against the Proposed referendum on United Kingdom membership of the European Union recommendation. that a withdrawal of Britain from the European Union, the British could be costly. Following the departure of the British from the EU should, inter alia, taxes are raised, Osborne said. The income tax is therefore likely to be increased by two to three percentage points. The tax on inheritances, alcohol and gasoline would rise.

At the same time, expenditure on health, education and defense sector by an estimated two percent are returned would, according to Osborne. This should also apply to the pensions. Osborne was referring to calculations by the independent Institute for Financial Studies IFS.