“The truth was always the inverse. It is the EU that needs us and our markets.”
Mr Habib added: “This work undertaken by Facts4EU.Org reveals clearly the damage done to the EU’s economy by the UK departing their failing project.
“We should have marshalled this negotiating strength and driven a tougher bargain for ourselves.
EU forecasts suggest Brexit will cost £60m this year and next, Facts4EU's graphic suggests (Image: Facts4EU)
Brexit has wiped almost €2.5trillion off the EU's GDP, Facts4EU's analysis has suggested (Image: Facts4EU)
“In any event it is good to see yet another leg of project fear dismantled.”