EU Has More to Lose Than U.K. If Brexit Curbs Trade, Study Finds
- Civitas says 5.8 million EU jobs are linked to exports to U.K.
- Ireland, Malta, Cyprus and Belgium have most at stake in talks
A container ship sits moored during cargo loading operations at the container terminal in Southampton.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
The European Union would be hit harder than the U.K. if Britain faced trade barriers following its decision to leave the bloc, according to a study published Friday.
About 5.8 million jobs are linked to trade with Britain, while only 3.6 million British posts are dependent on exports to the EU, policy analyst Civitas said in a report. The EU also has a greater proportion of its labor market at stake.