01-07-2016 02:17 via news.yahoo.com

Brexit will impact eurozone recovery: ECB board member

The uncertainty sparked by the British vote to leave European Union will "inevitably" harm economic recovery in the euro area, European Central Bank executive board member Benoit Coeure said in a newspaper interview Friday. The pick-up in the eurozone economy "will inevitably suffer from the 'uncertainty shock' that the British referendum has triggered, even if the impact is difficult to quantify at the moment," Coeure told the French daily Le Monde. "The important thing is to clarify how and wh
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