Brussels’ Final Battle: ‘If One More Country Leaves EU It Will Be Finished’

Monday, January 30, 2017
By Paul Martin

If one more Brexit-like event takes place, the European Union may cease to exist, Jim Mellon, chairman of the Burnbrae Group and renowned investor who correctly forecast the last economic recession, told Sputnik

n an interview with Sputnik, Burnbrae Group Chairman Jim Mellon warned of far-reaching consequences of any member state withdrawing from the European Union.
Burnbrae Group Limited is a private equity and venture capital firm specializing in investments in mature cash generative businesses, new and exciting start-up ventures, and emerging markets, according to Bloomberg.

Mellon’s interview came amid the latest reports that the European Central Bank’s monetary policy is becoming an increasingly divisive issue, threatening to break the Eurozone apart.

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