Eurogroup chief: Britain has chosen path of instability

Britain has chosen the path of instability with its Leave vote on the Brexit question, says Jeroen Dijsselbloem, the head of the Eurogroup of eurozone finance ministers.

"We in the EU must make another choice," said the Dutch finance minister, speaking in The Hague. "Instability is the last thing that we here in Europe and the eurozone need."

Britain's decision would not change anything within the eurozone, he adds, saying that the group was "determined to continue on its path towards economic recovery."

Dijsselbloem expects the markets and stock exchanges to quickly stabilize, adding that a panic in Europe is out of the question.

Last update: Fri, 24/06/2016 - 12:21
Author: 

More from Europe

Norway: No suspects linked to stolen gate from former Nazi camp

Norwegian police said Saturday they had no suspects linked to the find of a gate believed to have been stolen in...

Scottish village gets 384,000-pound gift from former German POW

A village in Scotland has received a gift of 384,000 pounds (489,000 dollars) from a German soldier who was held...

German police record 877 attacks against refugee homes this year

There have been 877 attacks against refugee homes in Germany so far in 2016, police said Saturday, suggesting that...

Christmas tree thieves in Germany drunkenly stumble into police

Two drunk Christmas tree thieves in the south-western German city of Ulm were caught red-handed when they were...

Two migrants die in Austria while hiding in freight train

Two migrants have died in Austria while hiding in a goods train, police said on Saturday.