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IMF chief calls for cooperation between Britain, Europe

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Staff writer ▼ | June 25, 2016
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued a statement calling on cooperation between the UK and Europe.
Christine Lagarde IMF
After Brexit   "We urge the authorities... to work collaboratively"
"We take note of the decision by the people of the United Kingdom. We urge the authorities in the U.K. and Europe to work collaboratively to ensure a smooth transition to a new economic relationship between the U.K. and the EU, including by clarifying the procedures and broad objectives that will guide the process.

"We strongly support commitments of the Bank of England and the ECB to supply liquidity to the banking system and curtail excess financial volatility. We will continue to monitor developments closely and stand ready to support our members as needed."



 

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