• European Commission, Moscovici: the EU is not facing a recession due to Brexit

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27 junio 2016

European Commission, Moscovici: the EU is not facing a recession due to Brexit

Brexit will not lead to a recession in the EU, said on Monday the member of European Commission for Economy and Finance, Pierre Moscovici.

"There is still uncertainty with which you want to work, but we do not expect strong shocks or crisis", - said P.Moskovici.

According to him, the EU has the necessary tools to ensure financial stability, especially in view of availability of the central banks to cooperate.

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