Draghi: ECB is ready, willing and able to head off Brexit risks

The ECB has a "readiness, willingness and ability" to act in the event of any economic fallout from Britain's decision to exit the European Union, says European Central Bank chief Mario Draghi.

"If warranted, the ECB is ready act to achieve its objectives if necessary by using all instruments," says Draghi.

But he says the bank had so far not discussed what specific instruments.

Last update: Thu, 21/07/2016 - 15:16
Author: 

More from Europe

Armed robber takes several hostages in Paris travel agency: reports

An armed robber has taken several people hostage at a travel agency in Paris, Le Parisien newspaper reported online...

Iceland president asks Pirate Party to attempt to form government

Iceland's president on Friday gave the leader of the anti-establishment Pirate Party the task of forming the next...

Italy referendum campaign ends amid claims of postal vote fraud

Italy's political leaders entered their final hours of campaigning on Friday in a constitutional referendum whose...

Gate stolen from former Nazi concentration camp "found" in Norway

German police are investigating whether a gate bearing the sign "Arbeit macht frei" (work sets you free) that was...

Germany pledges additional 50 million euros in aid as Aleppo crumbles

German Foreign Minister Frank-Walter Steinmeier pledged 50 million euros (53.2 million dollars) in aid to the war-...