Czech Republic, Poland, Hungary face tough Brexit ride - ING


  • World
  • Wednesday, 14 Nov 2018

Anti-Brexit demonstrators wave flags outside the Houses of Parliament in London, Britain, November 13, 2018. REUTERS/Toby Melville

LONDON (Reuters) - The Czech Republic, Poland and Hungary face being hit hard by Brexit, a new ING report estimates, as changes to key supply chains and a drop in expat worker remittances compound what could be a 20 percent cut in the countries' EU funding.

The Dutch bank's report, published on Tuesday, said the carmaking, agriculture and textiles industries would suffer the most from potential disruption arising from Britain's planned withdrawal from the European Union in March 2019.

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