Bill English says NZ well placed to deal with Brexit turmoil

Wed, 29 Jun 2016

By Edwin Mitson June 29 (BusinessDesk) - Finance Minister Bill English has insisted New Zealand is better placed than most countries to manage any turmoil generated by the decision of British voters to back leaving the European Union. In an interview with Bloomberg, English said New Zealand was comparable with just a few other countries such as Iceland, South Korea and Australia, that had room to respond if the vote led to a downward spiral in the world economy. He added that New Zealand had a "combination of reasonable government finance...

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