Kudrin said about the change of arrangement of the largest economies in the world after Brexit

Chairman of the Board of the Foundation “Center for strategic research (CSR), former Finance Minister of Russia Alexei Kudrin believes that the UK’s exit from the EU will displace the EU in the ranking of the largest economies by GDP at purchasing power parity from second to third place. About the same time Kudrin wrote in his Twitter.

“Brexit change the balance of world leaders: EU 2-nd place — USD 19.2 trillion GDP at PPP [purchasing power parity] — goes to 3 (a$16.5 trillion). After China ($19,39 trillion) and the USA ($17,95 trillion),” wrote Kudrin.

Yesterday, June 23 in the UK held a referendum in which the question was raised on the country’s withdrawal from the European Union. 51.9 percent voted for secession, 48,1 against.

As he wrote RBC, on the global financial markets the results of the referendum caused panic, Fund managers and bankers are ready to loss and recommend investors to shift funds into gold and U.S. treasuries. Pound sterling on Friday fell against the dollar to 30-year low.