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ECB official: British exit would cause 'enormous shock'

09.07.14 @ 15:18

  1. By EUOBSERVER

A British exit from the EU would create an "enormous shock" that would be "very difficult to manage", ECB executive Benoit Coeure said Wednesday, The Telegraph reports. At a roundtable discussion in Athens, Coeure said policymakers were seeking to integrate capital markets, adding "we don't need that kind of shock."