Monday

16th Jan 2017

Ticker

Putin: Brexit could prompt eurozone break-up

Russian leader Putin has told Bloomberg that the eurozone could shrink into a core group of wealthy members as a reaction to Brexit. "I don’t rule out that there could be some decisions made that would consolidate a group of countries with equal levels of development", he said. He said Russia is not betting on the euro's collapse because it holds 40% of its foreign reserves in the single currency.

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