A no-deal Brexit would cause market disruptions and might also have an impact on...
FILE PHOTO: European Commission Vice-President Valdis Dombrovskis holds a news conference after an European Union finance ministers meeting in Brussels, Belgium March 12, 2019. REUTERS/Francois Lenoir/File Photo
Dombrovskis said the EU had adopted a series a contingency measures to deal with a hard Brexit, a situation in which Britain would leave the EU without a deal, but admitted: “We will not be able to mitigate all possible negative economic effects.” The Bank of England and European Central Bank have said they stand ready to provide liquidity if a no deal Brexit risked freezing markets.
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