June 26, 2016 / 3:16 AM / 4 years ago

'Brexit' could mean disintegration of EU or UK, says Roubini

Nouriel Roubini, Professor of Economics and International Business of Leonard N. Stern School of Business, gestures during the session 'India's Next Decade' in the Swiss mountain resort of Davos January 23, 2015. REUTERS/Ruben Sprich

TIANJIN, China (Reuters) - Britain’s decision to leave the European Union could be the beginning of the disintegration of the bloc of countries or the United Kingdom, said economist Nouriel Roubini on Sunday.

But people should not expect a recession or financial crisis in the wake of the “Brexit” vote, said Roubini, speaking at the World Economic Forum in China’s northern city of Tianjin.

Reporting by Elias Glenn; Writing by Paul Carsten; Editing by Sam Holmes

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