EU's Dombrovskis warns of liquidity risks from no-deal Brexit - Reuters

The EU commissioner in charge of financial services Valdis Dombrovskis said on Tuesday, a no deal Brexit is likely to have a negative impact on liquidity in the financial markets, Reuters reports.

Key Quotes:

“We will not be able to mitigate all possible negative economic effects. There is going to be disruption. There may be effects on liquidity.” 

There was a “material risk” that Britain will leave the EU on April 12 without a divorce deal.