EU Commission out with a statement 28 June
- Brexit will create a financing gap, force changes in long-term budget
- next EU long-term budget will have to finance new challenges, migration, security, borders, fight against terrorism, defence
- disbursements in next EU budget should be linked to respecting rule of law by govts
Meanwhile EUR pairs pausing for breath.
EURUSD 1.1360 EURGBP 0.8857 EURJPY 127.40
Brexit will force a financing gap in EU Budget
