This is how much the U.K. lost in eight hours after news of the Brexit broke, which, as Belgian MEP Guy Verhofstadt remarked Friday morning, “is a greater amount than they contributed to EU budget over last 15 years—including rebate.”

The loss has transformed the country overnight from the fifth largest economy in the world to the sixth. It has been overtaken by France.

Britons living in EU countries will now either have to repatriate or cut individual work or residency visa arrangements with their hosts, i.e. Brexit will result in a new sort of migration headache.

non-British residents with EU citizenship will have to do likewise.