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Britain's vote uninfluential on the euro zone

Britain's decision for a Brexit did not change the outlook, from a fundamental perspective, of the euro zone, Jens Weidmann, Bundesbank’s President, reported in an interview today morning.

Britain did not impact the euro region as such

According to Jens Weidmann, the economic outlook resumes being weak, but without any critical financial ''injuries'' at the current state of affairs.

Furthermore, the Bundesbank's President highlighted that the uptrend '' ''appetite'' will continue, and the euro region's economy may regain momentum with future price developments.

Moreover, Weidmann stated that the economic indicators, throughout time, will help the economists to estimate the future consequences, the effectiveness of monetary policy, and the potential risks.

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Thursday, 04 Aug, 2016 / 7:50

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/britain-s-vote-uninfluential-on-the-euro-zone

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