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ECB ready to "act if necessary" in case of Brexit
So says Bank of France governor and ECB governing council member Villeroy speaking to Welt am Sonntag 12 June 2016 • primarily the BOE would have to respond to possible Brexit "but if necessary the ECB is ready to act" • Brexit would have consequences for London as financial centre Joint intervention can not be ruled out, and there is market talk of a plan being out in place as I reported previously here. The fact remains that both the UK and Eurozone will have currency wobbles if we do vote to Leave. On ECB QE he says: • defends corp bond buying • rejects criticism that ECB allegedly weighs in on European ... (full story)
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