Brexit impact on Greek economy seen limited

Brexit impact on Greek economy seen limited

Britain's vote to exit the European Union will have a limited impact on the Greek economy, central bank officials said on Friday.

"The impact of Brexit on Greece will be small, limited," one of the officials told Reuters. "Capital controls will shield us from the fallout."

Greek stocks nosedived on Friday, losing more than 12 percent, with bank shares underperforming with a plunge of 28 percent. Greek two-year bond yields jumped more than 240 basis points to 10.3 percent. [Reuters]

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