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Parliamentary debates and questions

S5W-07506: Jamie Greene (West Scotland)

Scottish Conservative and Unionist Party

Date lodged: 23 February 2017

To ask the Scottish Government what its response is to the comment by the President of the Centre for Economics and Business Research that an independent Scotland would face “Greek-style austerity".

Answered by: Derek Mackay 7 March 2017

The Scottish Government does not accept the claims made by the President of the Centre for Economics and Business Research (CEBR). The key risk to Scotland’s economy and the public finances stems from a hard Brexit which could reduce Scotland’s GDP by £8 billion per year and cost the country 80,000 jobs after
10 years, compared to remaining in the EU.