The UK holds a referendum on staying in or out the EU membership on Thursday.

Without exaggeration, it can be said that the expression of free will of the British people on this matter will lead to global political and economic consequences, irrespective of the results of the referendum. It is interesting enough that even a special term is designed Brexit (British Exit) .

Many experts believe the unstable situation that will be created in case of Brexit will create panic in the global market. In particular , those who have  "risk" assets will try to get rid of them as quickly as possible. In that case, the demand for “risk-free "assets will increase, which will lead to a number of consequences.

Of course, the discussions could not pass by the famous billionaire George Soros. According to him, the British exit from the EU will be a huge blow to the economy, financial markets, investment, and employment. Inflation is among other possible versions. Taken into account a rich experience of Soros with financial operations, his opinion that the value of pound will go down deserves an attention.

It is clear that the exit of one of the leading members of the European Union will have a negative impact on the economies of other member states, which will also affect the economy of the Armenian partner from the EEC, Russia. In the currency market the euro weakens against the dollar. The latest, according to the Russian experts, will strengthen the position against the Russian ruble. However, except pessimistic scenarios of experts, there are also other opinions. Thus, some experts argue that the British withdrawal from the European Union will have a little impact on the global economy.

Prediction is a thankless job. Referendum results are not an exclusion. Suffice it to recall some of the "experts” failures, who had forecast a drop in oil prices up to 10 dollars. As is known, today the price for the Brent crude oil futures is about US $ 50 per barrel. Thus, we have to wait for the official results of the referendum.