WB: Dutch referendum to cause no economic consequences for Ukraine

"26 countries have already signed the agreement, and I do not think it [the referendum results] will have a direct impact on the economy," he said. According to Timmer, the group, which initiated holding of a referendum on the issue, is anti-European. "The referendum on the EU-Ukraine Association Agreement is almost an accident. There was no discussion, people just expressed their general discontent," the World Bank’s Chief Economist said.