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Draghi Says ECB Is Ready to Respond to Any Brexit Turmoil

  • Officials ready for ‘all contingencies’ after EU vote
  • IMF among institutions warning of fallout from Brexit
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Draghi: Focus Should Be on Making Europe Stronger

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Mario Draghi said the European Central Bank has plans in place in case this week’s U.K. referendum on European Union membership sparks turmoil that threatens the outlook for the euro region.

At a hearing of lawmakers in Brussels, Draghi said policy makers “stand ready” to act if price stability is threatened and highlighted the Brexit vote as a potential risk.