Man who controls EU money warns Brexit will create HUGE ‘SHOCK’ for Europe’s economies

Man who controls EU money warns Brexit will create HUGE ‘SHOCK’ for Europe’s economies
 

Mario Centeno, the Portuguese finance minister, is about to become president of the Eurogroup, one of the most powerful positions in the euro area.
He shrugged off potential risks from the ongoing uncertainty over Angela Merkel’s stalled coalition talks and the upcoming Italian election.
But he claimed countries that used the single currency faced a massive “shock” in 2018 from Britain exiting the bloc.
He said: "Brexit is a challenge and it's a challenge that is a negative shock certainly for all these economies.”
And he claimed the prolonged negotiations over Brexit were causing huge... read more

 
14 December 2017 in World News, Views: 42
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