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Mar 01

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EU&NEWS – Brexit will shock world economy, warns G20

A potential British exit from the European Union would be a “shock” that ranks among rising downside risks and vulnerabilities for the world economy, G20 finance ministers said Saturday (27 February) after a meeting in China.

While reading the article by Euractiv, find synonyms for the terms and expressions marked in red.

 

The issue, which will be put to British voters in June, was cited in the seventh line of a communique, highlighting its importance to the officials meetings in Shanghai. The world’s 20 top economies will use all policy tools available to lift (1) sl………………….. (slow) global growth, they said, despite German (2) dis……………………..(worry) over fiscal and monetary (3) st…………………………………..(boost, incentive).

The G20 finance ministers and central bank chiefs said in a communique that while the global (4) rec……………………………….. (growth)  was continuing, “it remains uneven and falls short of our ambition for strong, sustainable and balanced growth”. “Here at the G20, finance leaders and central bank governors of the world’s biggest economies have raised serious (5) con…………………………… (worries) about the risks posed by a UK exit from the EU,” UK Chancellor George Osborne said in a statement from Shanghai.

“They have concluded unanimously today that what they call the shock of a potential UK vote to leave is among the biggest economic dangers this year.” The G20 communication, welcomed by UK Prime Minister David Cameron, will (6) b……………………………….(raise) the campaign to keep the UK in the EU and comes after sustained lobbying by Osborne.

Opinion polls have differed about the likely outcome of the referendum. The latest poll, published on Friday by ORB for the Independent newspaper, showed support for the “out” campaign had risen to 52% from 48% from a month ago, while support to stay in the EU had fallen to 48% from 52%.

 

Answer Key

(1) sluggish      (2) disquiet      (3) stimulus     (4) recovery     (5) concerns       (6) boost

 

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Permanent link to this article: https://www.euenglish.hu/2016/03/eunews-brexit-will-shock-world-economy-warns-g20/

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