FRANKFURT Oct 11 The euro zone's economic
resilience in the face of shocks such as Britain's vote to leave
the European Union depends on the European Central Bank's
continued monetary support, ECB Executive Board member Yves
Mersch said on Tuesday.
"This resilience reflects to a large degree the amount of
actual and decided monetary expansion that is priced into
financial markets," Mersch told an audience in New York.
"In fact, ECB staff analysis indicates that in the absence
of our policies, the euro area economy would be notably weaker."
(Reporting By Francesco Canepa, editing by Larry King)