BREXIT: ECB clearly is not in the negotiating seat

I think you had a second question which had to do with Brexit. Brexit, I think, for quite a while has been included as one of the downside risks attributable to geopolitical development. And that is included in our projection. https://www.eudebates.tv/debates/eu-p... #ECB Press Conference #Lagarde #eudebates #Economy #ECON #Eurozone #Euro #ESM #eudebates Clearly we are not in the negotiating seat. The negotiations are handled very ably by Michel Barnier under the mandate that was assigned to him by the European Council. We are carefully monitoring as well the developments. We very much hope that after the Brexit that was decided and became effective as of January 2020, the outcome of the negotiations, notwithstanding the negotiation posturing, and what has been observed in the last few days, will lead to a positive outcome so that the projected downside risk that we have included in our projection will not be made worse. https://www.eudebates.tv/ #eudebates