Economics

ECB says prepared for all contingencies

European Central Bank chief Mario Draghi said Tuesday the ECB is prepared for all eventualities regarding the British EU referendum later this week

21.06.2016

(AFP) European Central Bank chief Mario Draghi said Tuesday the ECB is prepared for all eventualities regarding the British EU referendum later this week, but the economic impact of the vote is difficult to predict.

"It's very difficult to foresee the impact and the various dimensions in which the UK vote would impact on the markets and on economies of eurozone," Draghi told the EU Committee for Economic and Monetary Affairs in a regular hearing in Brussels, two days before Britons go to the polls.