What’s Going on in Europe — A view from the Deutsche Bundesbank

A Speech by Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank

In a recent speech delivered at the World Affairs Council and American Council on Germany in San Francisco, Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, assessed the current market environment after Brexit, noting that while financial markets are not in panic, investments are looking for guidance in a period of uncertainty. Urging for an orderly exit to avoid chaos, Dr. Dombret also turned to examine current monetary policy in the euro zone. He points out that a definitive solution is still needed to address the dilemma of a monetary union without a common fiscal policy.

The transcript of the speech was published by the Deutsche Bundesbank. Read the speech here.