Additional comments from European Central Bank (ECB) Governing Council member Villeroy crossed the wires in the last minutes as he continues to talk about the potential negative impact of a hard Brexit on the European economy.
Key quotes (via Reuters)
- Financial markets have not entirely grasped the possibility of a hard Brexit, turbulence ahead is possible.
Earlier in the day, Villeroy noted that they have made all the preparations necessary for a no-deal Brexit scenario.