June 24 (SeeNews) - Britain's decision to leave the European Union will have negative consequences for Serbia's economy, especially for the country's exports, but is unlikely to bring down the country's GDP growth below the projected level of 2.5% for his year, economics professor Miroslav Prokopijevic told SeeNews on Friday.
Serbia’s exports rose 11% on the year to $4.7 billion (4.2 billion euro) in January-April, while imports edged up 3.2% to $6.3 billion, according to statistics office data. Serbia's main export markets in the four-month period were Italy and Germany, as Britain ranked 17th, absorbing exports worth $79.5 million.
Brexit will have an impact on Serbia's money market too, Prokopijevic commented for SeeNews. However, it is still too early to predict what will happen next, he added.
Earlier in the day prime minister Aleksandar Vucic said that the country's economic stability will be maintained and that the national currency will remain steady despite the outcome of the British referendum.
($=0.8996 euro)