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15th Aug 2020

Ticker

Draghi: Brexit dithering dragging down EU economy

Uncertainty on Brexit is conspiring with wider factors to weaken the EU economy, European Central Bank (ECB) president Mario Draghi said Wednesday. He kept interest rates at a record low to prompt people to spend money on investment instead of hoarding it in banks. "The whole discussion on Brexit, which has lasted many years, really, is part and parcel of the overall uncertainty hanging over our continent," Draghi said.

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