ECB's Nowotny: No problems for financial system from possible Brexit

Speaking in Sueddeutsche Zeitung, ECB governing council member Ewald Nowotny noted that a Brexit vote may not cause problems as its already priced-in by markets somewhat.

Key Quotes:

Brexit would not cause problems because it has already been discussed already for some time

The idea of helicopter money is psychologically devastating

Does not expect an upcoming ECB bank stress test to have negative outcome