ECB member: Brexit is still bad news for everyone, especially UK economy

ECB member and Bank of France Governor Philipe Villeroy said that Brexit is still bad news for everyone, especially the British economy. His most prominent statements were as follows:
• What matters is not only the level of the ECB's main short-term rates but the time horizon of policy measures
• Macro-prudential monetary policies are usually directed by separation policies, but soft coordination may be more promising than strict coordination
Countries with high public debt must make their public finances more conducive to growth