The finance ministers of the Group
of Seven (G7) industrialized nations said Friday their central
banks are ensuring market liquidity after Britain voted to leave
the European Union. "Market volatility can have implications for
economic and financial stability but... central banks are
ensuring markets the liquidity they need," the G7 finance
ministers said in a statement after a phone summit. "The G7 will
preserve its unity and capacity to cooperate for the sake of
financial stability". The G7 ministers also said they "respect
the will of the people of the UK and trust in British
authorities' capacity to manage the consequences of the
referendum". The G7 is made up of Canada, France, Germany,
Italy, Japan, the UK, and the United States.
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