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BREXIT Paris EUROPLACE takes note of the result of the United Kingdom referendum and the decision to exit the European Union and calls for the creation of fresh momentum in the Eurozone!

With regret, the Paris Financial Marketplace takes note of the sovereign decision of the British people to leave the European Union.

Gérard Mestrallet, Chairman of Paris EUROPLACE, said: "We need a very strong response from the European Union, and not only with respect to the United Kingdom. The aim now must be to relaunch a more tightly unified and attractive Europe in a global world.”

Through a Paris EUROPLACE Committee, chaired by Christian Noyer, former Governor of the Banque de France, the Paris financial marketplace evaluated the consequences of Brexit for Europe and France.

The priority must be to create fresh momentum into the Eurozone and take back control of the clearing system infrastructure, which cannot be located outside the Eurozone, particularly for reasons of risk management and currency stability.

 

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