ECB Governing Council member Olli Rehn warned that the risks of no-deal Brexit are underestimated by the markets. Talking to Germany’s Die Welt newspaper, he said “in the short term Brexit is surely the biggest threat”. And, “financial markets seem to be too relaxed and appear to underestimate the risk.”
On Eurozone economy, Rehn said “growth has indeed slowed down significantly and we must be worried about the economy.”
