, Columnist
The U.K. Is Down Since Brexit. Guess Who's Up.
Greece is growing faster than the U.K. and is outperforming it in financial markets.
"Brexit Scares Europe." That was then.
Photo Illustration by Milos Bicanski/Getty ImagesWhen British voters decided in June 2016 to exit the European Union, investors who had anticipated the opposite result stampeded out of sterling and the currency plummeted a record 8.05 percent to a 31-year low. Almost 20 months later, the pound has mostly recovered, providing some satisfaction to commentators who'd predicted that Brexit would prove more distressing to the EU.