Early indicators and model estimations suggest that the impact will be largely focused on the UK itself, while the euro area will be affected only moderately. But we shouldn’t jump to conclusions at this stage. It’s still too early to assess the overall impact on the economic outlook, as there are currently insufficient post-referendum data available.
I would now like to give the floor to the President of the Deutsche Bundesbank, Professor Axel Weber. Thank you very much for your attention. 2  BIS Review 67/2006