The ECB is not afraid of “breccia”

ЕЦБ не боится "брексита"

The impact of “breccia” on the economy and financial markets of the Eurozone countries will be limited. With such statement the head of the ECB Mario Draghi spoke at a hearing of the Committee on economic and monetary Affairs of the European Parliament.

“Financially, we expect that the impact will not be significant, except for some components of the centralised clearing of derivatives transactions, as in the case of the so-called “hard breccia”, in the worst scenario, we’ll have to consider how many contractual positions will need to regulate.”

In Brussels say that London does not seek to compromise in the negotiations on the “broksita”. In London, in turn, said that if Brussels did not soften the approach to the problem of the Irish border, agreement on conditions of “breccia” will not be achieved.

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