The referendum result in the United Kingdom is expected to have minor effect on Greece, argued officials at the Bank of Greece, adding that the capital controls currently in place act as a layer a of protection.
The European Central Bank has also responded that it will closely monitor the situation in the markets and is prepared to provide additional liquidity, should it be deemed necessary.
Europe’s central bankers arranged a teleconference after the British referendum result was announced and are expected to meet on Saturday and Sunday, on the sidelines of the scheduled Bank for International Settlements (BIS) meeting in Switzerland.
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