The people of Great Britain said their word to leave the European Union. The Brexit consequences impact on international trade is negative and large. In the meantime, the ambition Great Britain post Brexit aims for new trade agreements while not explicit (clear) about the type and with whom...

Policy-makers in the European Union (E.U.) have been concerned for the past decade that large volumes of euro-denominated transactions are cleared by central counterparty clearing houses (CCP) located outside of the eurozone, in particular by LCH.Clearnet in the United Kingdom (U.K.). The...

The purpose of this paper is to illustrate the economic impact mechanism of the secession of Great Britain from the European Union (Brexit) on the Hungarian economy, and to quantify the domestic growth risks. Several international studies have dealt with this topic using partial analysis and...

The referendum on the exit of the United Kingdom from the European Union (“Brexit”) occurred on 23 June, 2016, represented one of the most significant economic and political event of 2016. As it may be easily seen, Brexit vote led to a situation of uncertainty about, among other things, the...