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Reacting to the Brexit shock: How much will European economies suffer?
July 2016 | Economy Watch Reports
Despite uncertainties, the Euro Area was on a moderate recovery path before the EU referendum in the UK (June 23). Its unexpected outcome brought uncertainty into the system. The impact of the Brexit talks on investment decisions and the stability of the banking system preoccupy analysts and economists. Looking at the real economy, one can say that the Brexit is likely to affect core Europe more than the periphery.