MOSCOW (Sputnik) — Speaking before journalists at the UK Treasury, Lagarde said IMF had looked at a wide range of opinions and worked out several scenarios for a Brexit.
"And frankly in the very vast majority of what we’ve seen we haven’t seen anything that is positive. It’s always been on the negative side. Consequences will vary," Lagarde said, adding that the impact on the British economy could range from "pretty bad to very, very bad."
Earlier this month, IMF European Department Deputy Director Mahmood Pradhan said that a UK exit from the European Union had been identified as a risk factor for the EU economy and would disrupt trade and financial services.