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Obama on Brexit: Pause button pressed on full European integration

Other News Materials 28 June 2016 17:18 (UTC +04:00)
The US President Barack Obama is warning against financial and international “hysteria” in the wake of last week's vote by the United Kingdom to leave the European Union.
Obama on Brexit: Pause button pressed on full European integration

Baku, Azerbaijan, June 28

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The US President Barack Obama is warning against financial and international “hysteria” in the wake of last week's vote by the United Kingdom to leave the European Union.

“I think that the best way to think about this is, a pause button has been pressed on the project of full European integration,” Obama said of the so-called Brexit decision in an interview with National Public Radio.

After the vote last week by one of the US's most important allies, Obama said he respected the country's decision, which he said "speaks to the ongoing changes and challenges that are raised by globalization."

Britons held a referendum June 23 on whether the UK should to stay in the European Union, or leave it. The voting results indicate that the campaign to leave the EU, known as the Brexit, has won with 51.9 percent of the votes.

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