ECB's Villeroy: No-deal Brexit only has limited impact to Eurozone economy

Further comments by Villeroy in Tokyo

  • But no-deal Brexit would be detrimental for the British economy
  • Europe is prepared if there is a no-deal outcome on Brexit

Seems like European policymakers are sitting well behind lawmakers and backing them up when it comes to Brexit. Although a no-deal outcome may very well hurt the British economy more than it does Europe, it being "limited impact" isn't good news when the Eurozone economy is already struggling so far this year.

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