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#MoneyBeat Brexit & Beyond:Johnson’s Brexit Vision, Italy’s Fastest Growth Since 2010, Europe Balks at Taking Back ISIS Fighters

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Brexit & Beyond: Europe in Flux is The Wall Street Journal’s round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here.

MUST READS

 

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U.S. Secretary of State Rex Tillerson and Britain’s Foreign Secretary Boris Johnson.
Toby Melville/PA Wire/Zuma Press

U.K.’s Boris Johnson Affirms Stance on Clean Break From EUBritish Foreign Secretary Boris Johnson called for the U.K. to make a definitive break from the European Union, rejecting the notion of a second Brexit referendum.

Italy’s Economy Accelerates but Lags Behind Eurozone: Italy’s economy grew at the fastest rate in seven years during 2017, but still lagged behind the rest of the eurozone.

Europe Balks at Taking Back ISIS Fighters: The U.S. is pressing for European Islamic State militants captured in Syria and Iraq to be sent back to their home countries in an effort to ensure they don’t return to the battlefield. One problem: Europe doesn’t want them.

Sweden’s Riksbank Says Rates Will Go Up, but It Won’t Act HastilyInterest rates in Sweden will rise in 2018, the Riksbank said Wednesday, but it added that it won’t act hastily given new uncertainties about the outlook for inflation and to avoid a sharp appreciation in the national currency.

Germans Cool On CashA study published by Germany’s central bank found that the share of cash payments in Germany fell below 50% for the first time last year, by value, 5 percentage points less than in the last survey three years ago.

IN THE PAPERS

Immigration System Unprepared for Brexit, Warn MPs – Financial Times

Donald Tusk: Migration is a Long-Term Problem – Politico

Dublin Port Prepares Customs Checks for Hard Brexit – Financial Times

Britain’s BFF Unconvinced by its Post-Brexit Vision – Politico

Brexit Hits a Vital but Unglamorous Industry – Quartz

For breaking news and intelligence on Brexit, finance, markets, deals and people from London, download WSJ City for iPhone or Android smartphone.

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