Changing EU Vote Weightings May Boost Nordic Skepticism: Goldman
Source: BFW (Bloomberg First Word)
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Dirk Schumacher (Goldman Sachs Group Inc/The)
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(Bloomberg) -- The U.K. leaving the EU will change the relative weights of the remaining EU member countries in the region’s institutions, particularly the Council of the European Union, Goldman Sachs analyst Dirk Schumacher writes in client note.
Alert: HALISTER1- While the voting share of Germany, the U.K., France, the Netherlands, Sweden, Denmark and Finland is currently 36.1%, without the U.K. the share could fall to 26.8%
- That could mean a higher probability of measures being pushed through by a Latin majority
- There may also be an implicit risk that the ‘loss’ of the U.K. as a traditional coalition partner in EU voting may reinforce lingering skepticism in Sweden and Denmark
Source: BFW (Bloomberg First Word)
People
Dirk Schumacher (Goldman Sachs Group Inc/The)
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UUID: 7947283