Three months after the Brexit vote – the current state of play
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201610261463
At the end of June, 17.4 million people voted for the United Kingdom to leave the EU. Share prices plummeted, the value of the pound crashed and the country was plunged into high political turmoil. The faster-than-expected appointment of a new prime minister helped to dampen political uncertainty, and market reaction quickly subsided. The effects on the real economy will be evident only later. Three months after the referendum, the UK has still not notified the European Council of its intention to leave and is still an official EU member state.