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- European stocks close: stocks closed lower on uncertainty over Britain’s membership in the EU
European stocks close: stocks closed lower on uncertainty over Britain’s membership in the EU
Stock closed lower on uncertainty over Britain's membership in the European Union (EU). According to the ORB poll for The Independent on Friday, 55% of respondents would support Britain's exit from the EU, while 45% of respondents would vote for the campaign "Remain". ORB surveyed 2,000 people.
The European Central Bank (ECB) Governing Council member Jens Weidmann said on Monday that there was no need for more stimulus measures, adding that the current stimulus measures needed more time to take effect.
"The current monetary environment requires no further easing," he said.
Weidmann noted that the ECB's quantitative easing was appropriate as inflation was low. But he pointed out that the risks and side effects of the stimulus measures would rise over time.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,044.97 -70.79 -1.16 %
DAX 9,657.44 -177.18 -1.80 %
CAC 40 4,227.02 -79.70 -1.85 %
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