More Brexit
As Brexit negotiations muddle along, Bundesbank President Jens Weidmann gives his thoughts on the UK Financial markets future. He says:
- Brexit will weaken London's financial market role
The longer the muddling, the worse it might get as uncertainly is not in Financial firms best interests.
Weidmann adds:
- Mustn't introduce Euro in not-ready countries.
- Euro area is far away from deflation
- Euro area needs solid fiscal policy
