Three months after the Brexit vote – the current state of play

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Title: Three months after the Brexit vote – the current state of play
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 90
Series number: 4/2016
Year of publication: 2016
Publication date: 12.10.2016
Pages: 42-46
Subject (yso): markkinat
Keywords: Brexit; vetäytymisneuvottelut; Iso-Britannia
Other keywords: United Kingdom; markets; withdrawal negotiations
Abstract: 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.

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