ECB’s Angeloni: bullish on Brexit, wary on regulatory reform

Ignazio Angeloni, ECB — Photo: ECB/Flickr

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The European Central Bank has always been more than a central bank – it is an evangelist for the entire currency union project. When it became home to the single supervisory mechanism (SSM) in 2014, it added the banking union to its mission.

It is a tough time to be making that case. Europe’s largest financial centre, the UK, is leaving the internal market; meanwhile, members of the emerging coalition government in Italy have expressed scepticism about the euro, and about a key element of the

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