Eurozone | Brexit impact should be bounded, higher political and geopolitical risks
Published on Wednesday, August 10, 2016 | Updated on Thursday, August 11, 2016
Eurozone | Brexit impact should be bounded, higher political and geopolitical risks
Summary
Economic recovery continues at a moderate pace after Brexit, that should be limited through both trade and confidence channel. The ECB is ready to take further measures, likely an extension until September 2017 and a fine-tuning of the QE programme. We maintain our growth forecast at 1.6% in 2016 and revise downwards to 1.5% in 2017.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Miguel Jiménez
BBVA Research - Lead Economist
Manuel Cabezas
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Principal Economist
Eduardo Gutiérrez
Documents and files
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