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An end to growth ?The vote for the Brexit in June 2016 has triggered a new political crisis in Europe but no financial shocks. GDP growth would be halved for the United Kingdom in 2017, but the impact on the Eurozone would be limited. However the many factors that helped initiate the recovery will to some extent lose steam. The recovery would not be aborted, but growth would slow down and the decrease in the unemployment rate would be insufficient to reduce the imbalances brought about by long years of recession and low growth. In the US, growth would also be lowered but world growth would be close to 3% from 2016 to 2018 as emerging countries would grow at a faster pace.JEL : F01.