Britain crashing out of the European Union without a deal would be like an “atomic bomb for everybody,” Maltese Finance Minister Edward Scicluna said as the clock ticks down toward Brexit day on March 29.
“It’s something that everybody dreads,” Scicluna said in an interview with Bloomberg Television in Brussels where euro-area finance ministers met on Monday. “Nobody wants to go there.” [...]
Scicluna said the Italian government is “learning and we hope they learn faster for everybody’s sake.” Of the “well-meaning policies” that the government has, “hopefully the good parts remain while the bad parts are thrown overboard,” he said.
While euro-area economies are not expanding as much as “we would have liked, we hope that the negative will not be as deep and bad as it could be,” Scicluna said.
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