Bundesbank's Dombret Says Brexit Likely to Be Hard or Very Hard

  • German central-bank board member speaks on Bloomberg TV
  • U.K. departure from EU is manageable for financial stability

Deutsche Bundesbank's Dombret Sees Very Hard Brexit

Lock
This article is for subscribers only.

The U.K.’s departure from the European Union is unlikely to go smoothly, according to Bundesbank board member Andreas Dombret.

“It doesn’t look like a soft Brexit to me at all,” Dombret told David Ingles in a Bloomberg TV interview in Tokyo on Tuesday. “It looks like either a hard Brexit or a very hard Brexit.”