Monday, June 27, 2016

Lagarde: Lets Get This Brexit Thing On Track Fast!

The International Monetary Fund has called for the UK and the EU to damp down uncertainty by acting quickly and cohesively in response to Britain’s vote to leave the 28-member bloc, reports FT.

Christine Lagarde, the IMF chief, said: “We have to very strongly encourage and will continue to encourage the parties involved to actually proceed with this transition in the most efficient, predictable way in order to reduce the level of uncertainty, which will itself determine the level of risk we are facing.”

“We are hearing at the moment, and I’m not inventing it, different statements going a little bit in many directions,” she said while speaking on Sunday at an event in Aspen, Colorado.

-RW

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